Powergrid Infrastructure Investment Trust Balance Sheet Health
Financial Health criteria checks 5/6
Powergrid Infrastructure Investment Trust has a total shareholder equity of ₹83.3B and total debt of ₹5.7B, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are ₹100.4B and ₹17.2B respectively. Powergrid Infrastructure Investment Trust's EBIT is ₹8.7B making its interest coverage ratio 30.9. It has cash and short-term investments of ₹5.1B.
Key information
6.9%
Debt to equity ratio
₹5.72b
Debt
Interest coverage ratio | 30.9x |
Cash | ₹5.12b |
Equity | ₹83.28b |
Total liabilities | ₹17.15b |
Total assets | ₹100.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGINVIT's short term assets (₹8.9B) exceed its short term liabilities (₹306.8M).
Long Term Liabilities: PGINVIT's short term assets (₹8.9B) do not cover its long term liabilities (₹16.8B).
Debt to Equity History and Analysis
Debt Level: PGINVIT's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: PGINVIT's debt to equity ratio has reduced from 784.1% to 6.9% over the past 5 years.
Debt Coverage: PGINVIT's debt is well covered by operating cash flow (204.2%).
Interest Coverage: PGINVIT's interest payments on its debt are well covered by EBIT (30.9x coverage).