Peninsula Land Balance Sheet Health
Financial Health criteria checks 3/6
Peninsula Land has a total shareholder equity of ₹818.5M and total debt of ₹2.9B, which brings its debt-to-equity ratio to 353.4%. Its total assets and total liabilities are ₹10.2B and ₹9.4B respectively. Peninsula Land's EBIT is ₹1.3B making its interest coverage ratio 4.1. It has cash and short-term investments of ₹115.7M.
Key information
353.4%
Debt to equity ratio
₹2.89b
Debt
Interest coverage ratio | 4.1x |
Cash | ₹115.70m |
Equity | ₹818.50m |
Total liabilities | ₹9.38b |
Total assets | ₹10.20b |
Financial Position Analysis
Short Term Liabilities: PENINLAND's short term assets (₹5.2B) do not cover its short term liabilities (₹8.0B).
Long Term Liabilities: PENINLAND's short term assets (₹5.2B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: PENINLAND's net debt to equity ratio (339.2%) is considered high.
Reducing Debt: PENINLAND's debt to equity ratio has increased from 339.3% to 353.4% over the past 5 years.
Debt Coverage: PENINLAND's debt is well covered by operating cash flow (105.4%).
Interest Coverage: PENINLAND's interest payments on its debt are well covered by EBIT (4.1x coverage).