PG Electroplast Balance Sheet Health
Financial Health criteria checks 6/6
PG Electroplast has a total shareholder equity of ₹9.4B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are ₹16.3B and ₹6.9B respectively. PG Electroplast's EBIT is ₹1.8B making its interest coverage ratio 5.7. It has cash and short-term investments of ₹3.4B.
Key information
33.3%
Debt to equity ratio
₹3.13b
Debt
Interest coverage ratio | 5.7x |
Cash | ₹3.40b |
Equity | ₹9.38b |
Total liabilities | ₹6.91b |
Total assets | ₹16.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533581's short term assets (₹9.5B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: 533581's short term assets (₹9.5B) exceed its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: 533581 has more cash than its total debt.
Reducing Debt: 533581's debt to equity ratio has reduced from 97% to 33.3% over the past 5 years.
Debt Coverage: 533581's debt is well covered by operating cash flow (68.1%).
Interest Coverage: 533581's interest payments on its debt are well covered by EBIT (5.7x coverage).