Phoenix Mills Balance Sheet Health
Financial Health criteria checks 4/6
Phoenix Mills has a total shareholder equity of ₹132.5B and total debt of ₹46.4B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ₹202.5B and ₹70.0B respectively. Phoenix Mills's EBIT is ₹19.4B making its interest coverage ratio 5.4. It has cash and short-term investments of ₹4.5B.
Key information
35.0%
Debt to equity ratio
₹46.37b
Debt
| Interest coverage ratio | 5.4x |
| Cash | ₹4.46b |
| Equity | ₹132.52b |
| Total liabilities | ₹70.03b |
| Total assets | ₹202.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503100's short term assets (₹16.5B) do not cover its short term liabilities (₹22.6B).
Long Term Liabilities: 503100's short term assets (₹16.5B) do not cover its long term liabilities (₹47.4B).
Debt to Equity History and Analysis
Debt Level: 503100's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: 503100's debt to equity ratio has reduced from 83.5% to 35% over the past 5 years.
Debt Coverage: 503100's debt is well covered by operating cash flow (44.2%).
Interest Coverage: 503100's interest payments on its debt are well covered by EBIT (5.4x coverage).