Picturepost Studios Balance Sheet Health
Financial Health criteria checks 3/6
Picturepost Studios has a total shareholder equity of ₹70.0M and total debt of ₹55.6M, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are ₹184.8M and ₹114.8M respectively. Picturepost Studios's EBIT is ₹40.0M making its interest coverage ratio 12.2. It has cash and short-term investments of ₹439.0K.
Key information
79.4%
Debt to equity ratio
₹55.60m
Debt
| Interest coverage ratio | 12.2x |
| Cash | ₹439.00k |
| Equity | ₹70.00m |
| Total liabilities | ₹114.83m |
| Total assets | ₹184.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPSL's short term assets (₹91.8M) do not cover its short term liabilities (₹114.5M).
Long Term Liabilities: PPSL's short term assets (₹91.8M) exceed its long term liabilities (₹289.0K).
Debt to Equity History and Analysis
Debt Level: PPSL's net debt to equity ratio (78.8%) is considered high.
Reducing Debt: Insufficient data to determine if PPSL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PPSL's debt is well covered by operating cash flow (21.5%).
Interest Coverage: PPSL's interest payments on its debt are well covered by EBIT (12.2x coverage).