Precision Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Precision Electronics has a total shareholder equity of ₹148.9M and total debt of ₹194.3M, which brings its debt-to-equity ratio to 130.5%. Its total assets and total liabilities are ₹452.3M and ₹303.4M respectively. Precision Electronics's EBIT is ₹32.8M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹22.4M.
Key information
130.5%
Debt to equity ratio
₹194.30m
Debt
Interest coverage ratio | 1.5x |
Cash | ₹22.40m |
Equity | ₹148.90m |
Total liabilities | ₹303.40m |
Total assets | ₹452.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517258's short term assets (₹344.1M) exceed its short term liabilities (₹200.0M).
Long Term Liabilities: 517258's short term assets (₹344.1M) exceed its long term liabilities (₹103.4M).
Debt to Equity History and Analysis
Debt Level: 517258's net debt to equity ratio (115.4%) is considered high.
Reducing Debt: 517258's debt to equity ratio has reduced from 135.7% to 130.5% over the past 5 years.
Debt Coverage: 517258's debt is well covered by operating cash flow (39.8%).
Interest Coverage: 517258's interest payments on its debt are not well covered by EBIT (1.5x coverage).