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
Is Prestige Estates Projects (NSE:PRESTIGE) Using Too Much Debt?
Jul 02
Is Prestige Estates Projects (NSE:PRESTIGE) A Risky Investment?
Nov 30Here's Why Prestige Estates Projects (NSE:PRESTIGE) Has A Meaningful Debt Burden
Jun 12We Think Prestige Estates Projects (NSE:PRESTIGE) Is Taking Some Risk With Its Debt
Dec 23Does Prestige Estates Projects (NSE:PRESTIGE) Have A Healthy Balance Sheet?
Jul 28Recent updates
Prestige Estates Projects Limited Just Recorded A 56% EPS Beat: Here's What Analysts Are Forecasting Next
Nov 01There's Reason For Concern Over Prestige Estates Projects Limited's (NSE:PRESTIGE) Price
Sep 09Prestige Estates Projects Limited Just Missed EPS By 48%: Here's What Analysts Think Will Happen Next
Aug 04Is Prestige Estates Projects (NSE:PRESTIGE) Using Too Much Debt?
Jul 02We Think You Should Be Aware Of Some Concerning Factors In Prestige Estates Projects' (NSE:PRESTIGE) Earnings
Jun 05Earnings Not Telling The Story For Prestige Estates Projects Limited (NSE:PRESTIGE) After Shares Rise 30%
May 21Estimating The Fair Value Of Prestige Estates Projects Limited (NSE:PRESTIGE)
Apr 25There's Reason For Concern Over Prestige Estates Projects Limited's (NSE:PRESTIGE) Price
Mar 29Here's Why Prestige Estates Projects (NSE:PRESTIGE) Has Caught The Eye Of Investors
Jan 08Prestige Estates Projects Limited (NSE:PRESTIGE) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Dec 18Is Prestige Estates Projects (NSE:PRESTIGE) A Risky Investment?
Nov 30Prestige Estates Projects (NSE:PRESTIGE) Is Paying Out A Dividend Of ₹1.50
Sep 01A Look At The Intrinsic Value Of Prestige Estates Projects Limited (NSE:PRESTIGE)
Aug 11Here's Why Prestige Estates Projects (NSE:PRESTIGE) Has A Meaningful Debt Burden
Jun 12Is Prestige Estates Projects Limited (NSE:PRESTIGE) Worth ₹406 Based On Its Intrinsic Value?
Feb 03We Think Prestige Estates Projects (NSE:PRESTIGE) Is Taking Some Risk With Its Debt
Dec 23Is Prestige Estates Projects Limited (NSE:PRESTIGE) Worth ₹446 Based On Its Intrinsic Value?
Oct 25Prestige Estates Projects (NSE:PRESTIGE) Has Affirmed Its Dividend Of ₹1.50
Sep 08Does Prestige Estates Projects (NSE:PRESTIGE) Have A Healthy Balance Sheet?
Jul 28Is Prestige Estates Projects Limited (NSE:PRESTIGE) Trading At A 32% Discount?
Jul 07With EPS Growth And More, Prestige Estates Projects (NSE:PRESTIGE) Is Interesting
Apr 16Financial Position Analysis
Short Term Liabilities: PRESTIGE's short term assets (₹405.5B) exceed its short term liabilities (₹304.1B).
Long Term Liabilities: PRESTIGE's short term assets (₹405.5B) exceed its long term liabilities (₹69.6B).
Debt to Equity History and Analysis
Debt Level: PRESTIGE's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: PRESTIGE's debt to equity ratio has reduced from 189.3% to 59.2% over the past 5 years.
Debt Coverage: PRESTIGE's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: PRESTIGE's interest payments on its debt are not well covered by EBIT (1.9x coverage).