Phoenix Mills Balance Sheet Health
Financial Health criteria checks 4/6
Phoenix Mills has a total shareholder equity of ₹116.3B and total debt of ₹45.1B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are ₹186.6B and ₹70.3B respectively. Phoenix Mills's EBIT is ₹17.4B making its interest coverage ratio 5.1. It has cash and short-term investments of ₹5.5B.
Key information
38.7%
Debt to equity ratio
₹45.05b
Debt
Interest coverage ratio | 5.1x |
Cash | ₹5.49b |
Equity | ₹116.30b |
Total liabilities | ₹70.34b |
Total assets | ₹186.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503100's short term assets (₹24.8B) do not cover its short term liabilities (₹25.7B).
Long Term Liabilities: 503100's short term assets (₹24.8B) do not cover its long term liabilities (₹44.6B).
Debt to Equity History and Analysis
Debt Level: 503100's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: 503100's debt to equity ratio has reduced from 97% to 38.7% over the past 5 years.
Debt Coverage: 503100's debt is well covered by operating cash flow (37.3%).
Interest Coverage: 503100's interest payments on its debt are well covered by EBIT (5.1x coverage).