Persistent Systems Balance Sheet Health
Financial Health criteria checks 5/6
Persistent Systems has a total shareholder equity of ₹55.6B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are ₹82.8B and ₹27.1B respectively. Persistent Systems's EBIT is ₹14.7B making its interest coverage ratio -9505. It has cash and short-term investments of ₹9.3B.
Key information
4.7%
Debt to equity ratio
₹2.63b
Debt
| Interest coverage ratio | -9505x |
| Cash | ₹9.25b |
| Equity | ₹55.64b |
| Total liabilities | ₹27.15b |
| Total assets | ₹82.79b |
Recent financial health updates
Persistent Systems (NSE:PERSISTENT) Seems To Use Debt Quite Sensibly
Sep 24
Is Persistent Systems (NSE:PERSISTENT) A Risky Investment?
Feb 12Recent updates
Why The 25% Return On Capital At Persistent Systems (NSE:PERSISTENT) Should Have Your Attention
Dec 13Persistent Systems Limited's (NSE:PERSISTENT) Price Is Out Of Tune With Earnings
Nov 17Persistent Systems' (NSE:PERSISTENT) Profits May Not Reveal Underlying Issues
Oct 30Results: Persistent Systems Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Oct 25Persistent Systems (NSE:PERSISTENT) Seems To Use Debt Quite Sensibly
Sep 24Here's Why Persistent Systems (NSE:PERSISTENT) Has Caught The Eye Of Investors
Aug 08What Persistent Systems Limited's (NSE:PERSISTENT) 28% Share Price Gain Is Not Telling You
Jul 13Persistent Systems' (NSE:PERSISTENT) Dividend Is Being Reduced To ₹10.00
Jun 23Analysts Have Been Trimming Their Persistent Systems Limited (NSE:PERSISTENT) Price Target After Its Latest Report
Apr 26If EPS Growth Is Important To You, Persistent Systems (NSE:PERSISTENT) Presents An Opportunity
Mar 20Is Persistent Systems (NSE:PERSISTENT) A Risky Investment?
Feb 12Persistent Systems (NSE:PERSISTENT) Is Increasing Its Dividend To ₹32.00
Jan 25Persistent Systems Limited (NSE:PERSISTENT) Analysts Are Pretty Bullish On The Stock After Recent Results
Jan 24Shareholders Would Enjoy A Repeat Of Persistent Systems' (NSE:PERSISTENT) Recent Growth In Returns
Jan 22Persistent Systems Limited's (NSE:PERSISTENT) Popularity With Investors Is Under Threat From Overpricing
Jan 04Financial Position Analysis
Short Term Liabilities: PERSISTENT's short term assets (₹47.4B) exceed its short term liabilities (₹24.2B).
Long Term Liabilities: PERSISTENT's short term assets (₹47.4B) exceed its long term liabilities (₹2.9B).
Debt to Equity History and Analysis
Debt Level: PERSISTENT has more cash than its total debt.
Reducing Debt: PERSISTENT's debt to equity ratio has increased from 0.06% to 4.7% over the past 5 years.
Debt Coverage: PERSISTENT's debt is well covered by operating cash flow (493.2%).
Interest Coverage: PERSISTENT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 08:34 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Persistent Systems Limited is covered by 69 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Niral Dalal | Almondz Global Securities Ltd |
| Nitin Bhasin | Ambit Capital |
| Ashwin Mehta | Ambit Capital |