Prestige Estates Projects Balance Sheet Health
Financial Health criteria checks 4/6
Prestige Estates Projects has a total shareholder equity of ₹171.8B and total debt of ₹101.7B, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are ₹545.6B and ₹373.7B respectively. Prestige Estates Projects's EBIT is ₹20.6B making its interest coverage ratio 1.9. It has cash and short-term investments of ₹58.4B.
Key information
59.2%
Debt to equity ratio
₹101.69b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹58.37b |
| Equity | ₹171.81b |
| Total liabilities | ₹373.75b |
| Total assets | ₹545.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533274's short term assets (₹405.5B) exceed its short term liabilities (₹304.1B).
Long Term Liabilities: 533274's short term assets (₹405.5B) exceed its long term liabilities (₹69.6B).
Debt to Equity History and Analysis
Debt Level: 533274's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: 533274's debt to equity ratio has reduced from 189.3% to 59.2% over the past 5 years.
Debt Coverage: 533274's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: 533274's interest payments on its debt are not well covered by EBIT (1.9x coverage).