Peninsula Land Balance Sheet Health
Financial Health criteria checks 5/6
Peninsula Land has a total shareholder equity of ₹2.4B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 124.1%. Its total assets and total liabilities are ₹10.0B and ₹7.6B respectively. Peninsula Land's EBIT is ₹1.2B making its interest coverage ratio 3.1. It has cash and short-term investments of ₹1.2B.
Key information
124.1%
Debt to equity ratio
₹2.96b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹1.20b |
| Equity | ₹2.38b |
| Total liabilities | ₹7.63b |
| Total assets | ₹10.01b |
Recent financial health updates
Is Peninsula Land (NSE:PENINLAND) Weighed On By Its Debt Load?
Dec 28
Is Peninsula Land (NSE:PENINLAND) Using Debt Sensibly?
Sep 15
Recent updates
Here's Why We Think Peninsula Land (NSE:PENINLAND) Is Well Worth Watching
Aug 06Improved Earnings Required Before Peninsula Land Limited (NSE:PENINLAND) Stock's 28% Jump Looks Justified
Jul 02How Is Peninsula Land's (NSE:PENINLAND) CEO Paid Relative To Peers?
Feb 19Is Peninsula Land (NSE:PENINLAND) Weighed On By Its Debt Load?
Dec 28Is Peninsula Land (NSE:PENINLAND) Using Debt Sensibly?
Sep 15Financial Position Analysis
Short Term Liabilities: PENINLAND's short term assets (₹5.0B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: PENINLAND's short term assets (₹5.0B) exceed its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: PENINLAND's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: PENINLAND's debt to equity ratio has reduced from 431.7% to 124.1% over the past 5 years.
Debt Coverage: PENINLAND's debt is well covered by operating cash flow (60.9%).
Interest Coverage: PENINLAND's interest payments on its debt are well covered by EBIT (3.1x coverage).