Pyramid Technoplast Balance Sheet Health
Financial Health criteria checks 5/6
Pyramid Technoplast has a total shareholder equity of ₹2.2B and total debt of ₹199.9M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ₹3.0B and ₹811.2M respectively. Pyramid Technoplast's EBIT is ₹368.9M making its interest coverage ratio 18.3. It has cash and short-term investments of ₹157.9M.
Key information
9.0%
Debt to equity ratio
₹199.85m
Debt
| Interest coverage ratio | 18.3x |
| Cash | ₹157.88m |
| Equity | ₹2.22b |
| Total liabilities | ₹811.22m |
| Total assets | ₹3.03b |
Recent financial health updates
No updates
Recent updates
Pyramid Technoplast (NSE:PYRAMID) Might Be Having Difficulty Using Its Capital Effectively
Oct 17
Pyramid Technoplast Limited's (NSE:PYRAMID) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Jul 04Pyramid Technoplast's (NSE:PYRAMID) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 30Little Excitement Around Pyramid Technoplast Limited's (NSE:PYRAMID) Earnings
Mar 14Financial Position Analysis
Short Term Liabilities: PYRAMID's short term assets (₹1.9B) exceed its short term liabilities (₹714.5M).
Long Term Liabilities: PYRAMID's short term assets (₹1.9B) exceed its long term liabilities (₹96.7M).
Debt to Equity History and Analysis
Debt Level: PYRAMID's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: PYRAMID's debt to equity ratio has reduced from 176% to 9% over the past 5 years.
Debt Coverage: PYRAMID's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PYRAMID's interest payments on its debt are well covered by EBIT (18.3x coverage).