Punjab Chemicals and Crop Protection Balance Sheet Health
Financial Health criteria checks 6/6
Punjab Chemicals and Crop Protection has a total shareholder equity of ₹3.2B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are ₹6.6B and ₹3.4B respectively. Punjab Chemicals and Crop Protection's EBIT is ₹1.0B making its interest coverage ratio 5.4. It has cash and short-term investments of ₹156.5M.
Key information
32.1%
Debt to equity ratio
₹1.02b
Debt
| Interest coverage ratio | 5.4x |
| Cash | ₹156.50m |
| Equity | ₹3.17b |
| Total liabilities | ₹3.41b |
| Total assets | ₹6.58b |
Recent financial health updates
Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Has A Somewhat Strained Balance Sheet
Jan 02
Here's Why Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Can Manage Its Debt Responsibly
Feb 11Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Has A Pretty Healthy Balance Sheet
Aug 31Is Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Using Too Much Debt?
May 31Here's Why Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Can Manage Its Debt Responsibly
Feb 12Does Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Have A Healthy Balance Sheet?
Sep 15Recent updates
There's No Escaping Punjab Chemicals and Crop Protection Limited's (NSE:PUNJABCHEM) Muted Earnings
Apr 13Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Has A Somewhat Strained Balance Sheet
Jan 02Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Has Announced A Dividend Of ₹3.00
Jul 16Here's Why Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Can Manage Its Debt Responsibly
Feb 11Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Is Increasing Its Dividend To ₹3.00
Jul 21I Ran A Stock Scan For Earnings Growth And Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Passed With Ease
Nov 09Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Has A Pretty Healthy Balance Sheet
Aug 31Investors Shouldn't Overlook Punjab Chemicals and Crop Protection's (NSE:PUNJABCHEM) Impressive Returns On Capital
Jul 07Is Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Using Too Much Debt?
May 31Here's Why I Think Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Is An Interesting Stock
Apr 12Returns On Capital - An Important Metric For Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM)
Mar 03Here's Why Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Can Manage Its Debt Responsibly
Feb 12Is Punjab Chemicals and Crop Protection Limited's (NSE:PUNJABCHEM) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 25
Should You Be Adding Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) To Your Watchlist Today?
Jan 07If You Had Bought Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Shares Five Years Ago You'd Have Earned 337% Returns
Dec 20The 28% Return On Capital At Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Got Our Attention
Dec 02Are Punjab Chemicals and Crop Protection's (NSE:PUNJABCHEM) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 11Is Punjab Chemicals and Crop Protection Limited's (NSE:PUNJABCHEM) Latest Stock Performance A Reflection Of Its Financial Health?
Oct 20Does Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Have A Healthy Balance Sheet?
Sep 15Introducing Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM), The Stock That Zoomed 170% In The Last Five Years
Aug 19Has Punjab Chemicals and Crop Protection (NSE:PUNJABCHEM) Got What It Takes To Become A Multi-Bagger?
Jul 28Punjab Chemicals and Crop Protection Limited's (NSE:PUNJABCHEM) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jul 09Financial Position Analysis
Short Term Liabilities: PUNJABCHEM's short term assets (₹4.0B) exceed its short term liabilities (₹2.5B).
Long Term Liabilities: PUNJABCHEM's short term assets (₹4.0B) exceed its long term liabilities (₹881.7M).
Debt to Equity History and Analysis
Debt Level: PUNJABCHEM's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: PUNJABCHEM's debt to equity ratio has reduced from 112.6% to 32.1% over the past 5 years.
Debt Coverage: PUNJABCHEM's debt is well covered by operating cash flow (57.8%).
Interest Coverage: PUNJABCHEM's interest payments on its debt are well covered by EBIT (5.4x coverage).