Phantom Digital Effects Balance Sheet Health
Financial Health criteria checks 4/6
Phantom Digital Effects has a total shareholder equity of ₹546.1M and total debt of ₹177.9M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are ₹965.4M and ₹419.3M respectively. Phantom Digital Effects's EBIT is ₹308.5M making its interest coverage ratio 33.4. It has cash and short-term investments of ₹48.1M.
Key information
32.6%
Debt to equity ratio
₹177.94m
Debt
| Interest coverage ratio | 33.4x |
| Cash | ₹48.05m |
| Equity | ₹546.14m |
| Total liabilities | ₹419.26m |
| Total assets | ₹965.40m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PHANTOMFX's short term assets (₹759.6M) exceed its short term liabilities (₹397.9M).
Long Term Liabilities: PHANTOMFX's short term assets (₹759.6M) exceed its long term liabilities (₹21.4M).
Debt to Equity History and Analysis
Debt Level: PHANTOMFX's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PHANTOMFX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PHANTOMFX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PHANTOMFX's interest payments on its debt are well covered by EBIT (33.4x coverage).