PTC Industries Balance Sheet Health
Financial Health criteria checks 5/6
PTC Industries has a total shareholder equity of ₹6.5B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are ₹9.0B and ₹2.5B respectively. PTC Industries's EBIT is ₹462.9M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹1.6B.
Key information
28.2%
Debt to equity ratio
₹1.82b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹1.58b |
| Equity | ₹6.46b |
| Total liabilities | ₹2.50b |
| Total assets | ₹8.96b |
Recent financial health updates
Recent updates
Here's Why We Think PTC Industries (NSE:PTCIL) Might Deserve Your Attention Today
Aug 20
Statutory Earnings May Not Be The Best Way To Understand PTC Industries' (NSE:PTCIL) True Position
Jun 05Does PTC Industries (NSE:PTCIL) Have A Healthy Balance Sheet?
May 30Investors Appear Satisfied With PTC Industries Limited's (NSE:PTCIL) Prospects
May 02PTC Industries Limited's (NSE:PTCIL) P/S Is Still On The Mark Following 29% Share Price Bounce
Jan 03Financial Position Analysis
Short Term Liabilities: PTCIL's short term assets (₹4.2B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: PTCIL's short term assets (₹4.2B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: PTCIL's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: PTCIL's debt to equity ratio has reduced from 94.6% to 28.2% over the past 5 years.
Debt Coverage: PTCIL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PTCIL's interest payments on its debt are well covered by EBIT (3.1x coverage).