Prestige Estates Projects Balance Sheet Health
Financial Health criteria checks 3/6
Prestige Estates Projects has a total shareholder equity of ₹114.0B and total debt of ₹110.6B, which brings its debt-to-equity ratio to 97%. Its total assets and total liabilities are ₹420.1B and ₹306.1B respectively. Prestige Estates Projects's EBIT is ₹16.7B making its interest coverage ratio 2. It has cash and short-term investments of ₹18.5B.
Key information
97.0%
Debt to equity ratio
₹110.59b
Debt
Interest coverage ratio | 2x |
Cash | ₹18.53b |
Equity | ₹114.03b |
Total liabilities | ₹306.11b |
Total assets | ₹420.14b |
Recent financial health updates
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 28Is Prestige Estates Projects (NSE:PRESTIGE) A Risky Investment?
Nov 24Prestige Estates Projects (NSE:PRESTIGE) Takes On Some Risk With Its Use Of Debt
Aug 02Recent updates
Estimating 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 16Do Prestige Estates Projects's (NSE:PRESTIGE) Earnings Warrant Your Attention?
Dec 21Is Prestige Estates Projects (NSE:PRESTIGE) A Risky Investment?
Nov 24Here's Why I Think Prestige Estates Projects (NSE:PRESTIGE) Might Deserve Your Attention Today
Aug 24Prestige Estates Projects (NSE:PRESTIGE) Takes On Some Risk With Its Use Of Debt
Aug 02Is There Now An Opportunity In Prestige Estates Projects Limited (NSE:PRESTIGE)?
Jul 09Estimating The Fair Value Of Prestige Estates Projects Limited (NSE:PRESTIGE)
Apr 09Here's Why Prestige Estates Projects (NSE:PRESTIGE) Is Weighed Down By Its Debt Load
Mar 18Should We Be Delighted With Prestige Estates Projects Limited's (NSE:PRESTIGE) ROE Of 6.8%?
Jan 31Introducing Prestige Estates Projects (NSE:PRESTIGE), A Stock That Climbed 68% In The Last Five Years
Jan 13Are Prestige Estates Projects's (NSE:PRESTIGE) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 29Is Now The Time To Look At Buying Prestige Estates Projects Limited (NSE:PRESTIGE)?
Dec 14Is Prestige Estates Projects (NSE:PRESTIGE) A Risky Investment?
Nov 29Revenue Beat: Prestige Estates Projects Limited Beat Analyst Estimates By 31%
Nov 13What To Know Before Buying Prestige Estates Projects Limited (NSE:PRESTIGE) For Its Dividend
Nov 05Financial Position Analysis
Short Term Liabilities: PRESTIGE's short term assets (₹284.1B) exceed its short term liabilities (₹249.1B).
Long Term Liabilities: PRESTIGE's short term assets (₹284.1B) exceed its long term liabilities (₹57.0B).
Debt to Equity History and Analysis
Debt Level: PRESTIGE's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: PRESTIGE's debt to equity ratio has reduced from 193.6% to 97% 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 (2x coverage).