Pelatro Balance Sheet Health
Financial Health criteria checks 3/6
Pelatro has a total shareholder equity of ₹120.3M and total debt of ₹186.8M, which brings its debt-to-equity ratio to 155.3%. Its total assets and total liabilities are ₹578.1M and ₹457.8M respectively. Pelatro's EBIT is ₹8.5M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹75.5M.
Key information
155.3%
Debt to equity ratio
₹186.76m
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₹75.47m |
| Equity | ₹120.29m |
| Total liabilities | ₹457.80m |
| Total assets | ₹578.09m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PELATRO's short term assets (₹298.4M) exceed its short term liabilities (₹286.5M).
Long Term Liabilities: PELATRO's short term assets (₹298.4M) exceed its long term liabilities (₹171.3M).
Debt to Equity History and Analysis
Debt Level: PELATRO's net debt to equity ratio (92.5%) is considered high.
Reducing Debt: Insufficient data to determine if PELATRO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PELATRO's debt is well covered by operating cash flow (134%).
Interest Coverage: PELATRO's interest payments on its debt are not well covered by EBIT (0.8x coverage).