Phantom Digital Effects Balance Sheet Health
Financial Health criteria checks 4/6
Phantom Digital Effects has a total shareholder equity of ₹1.4B and total debt of ₹204.1M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ₹1.8B and ₹334.8M respectively. Phantom Digital Effects's EBIT is ₹333.8M making its interest coverage ratio 18.5. It has cash and short-term investments of ₹182.2M.
Key information
14.1%
Debt to equity ratio
₹204.14m
Debt
| Interest coverage ratio | 18.5x |
| Cash | ₹182.20m |
| Equity | ₹1.45b |
| Total liabilities | ₹334.83m |
| Total assets | ₹1.78b |
Recent financial health updates
No updates
Recent updates
Phantom Digital Effects' (NSE:PHANTOMFX) Profits May Be Overstating Its True Earnings Potential
Jun 12
Slammed 28% Phantom Digital Effects Limited (NSE:PHANTOMFX) Screens Well Here But There Might Be A Catch
Jun 05With EPS Growth And More, Phantom Digital Effects (NSE:PHANTOMFX) Makes An Interesting Case
Apr 25We Ran A Stock Scan For Earnings Growth And Phantom Digital Effects (NSE:PHANTOMFX) Passed With Ease
Dec 22Financial Position Analysis
Short Term Liabilities: PHANTOMFX's short term assets (₹1.4B) exceed its short term liabilities (₹273.9M).
Long Term Liabilities: PHANTOMFX's short term assets (₹1.4B) exceed its long term liabilities (₹60.9M).
Debt to Equity History and Analysis
Debt Level: PHANTOMFX's net debt to equity ratio (1.5%) 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 (18.5x coverage).