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 ₹195.2M, which brings its debt-to-equity ratio to 131.1%. Its total assets and total liabilities are ₹452.3M and ₹303.4M respectively. Precision Electronics's EBIT is ₹22.6M making its interest coverage ratio 1. It has cash and short-term investments of ₹22.4M.
Key information
131.1%
Debt to equity ratio
₹195.20m
Debt
| Interest coverage ratio | 1x |
| Cash | ₹22.40m |
| Equity | ₹148.90m |
| Total liabilities | ₹303.40m |
| Total assets | ₹452.27m |
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 (116.1%) is considered high.
Reducing Debt: 517258's debt to equity ratio has reduced from 135.7% to 131.1% over the past 5 years.
Debt Coverage: 517258's debt is well covered by operating cash flow (39.6%).
Interest Coverage: 517258's interest payments on its debt are not well covered by EBIT (1x coverage).