Powergrid Infrastructure Investment Trust Balance Sheet Health
Financial Health criteria checks 5/6
Powergrid Infrastructure Investment Trust has a total shareholder equity of ₹81.8B and total debt of ₹5.7B, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ₹99.8B and ₹18.1B respectively. Powergrid Infrastructure Investment Trust's EBIT is ₹8.5B making its interest coverage ratio 74.8. It has cash and short-term investments of ₹5.6B.
Key information
7.0%
Debt to equity ratio
₹5.69b
Debt
| Interest coverage ratio | 74.8x |
| Cash | ₹5.61b |
| Equity | ₹81.77b |
| Total liabilities | ₹18.05b |
| Total assets | ₹99.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543290's short term assets (₹8.8B) exceed its short term liabilities (₹276.5M).
Long Term Liabilities: 543290's short term assets (₹8.8B) do not cover its long term liabilities (₹17.8B).
Debt to Equity History and Analysis
Debt Level: 543290's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: 543290's debt to equity ratio has reduced from 457.8% to 7% over the past 5 years.
Debt Coverage: 543290's debt is well covered by operating cash flow (216.1%).
Interest Coverage: 543290's interest payments on its debt are well covered by EBIT (74.8x coverage).