Patel Integrated Logistics Balance Sheet Health
Financial Health criteria checks 6/6
Patel Integrated Logistics has a total shareholder equity of ₹1.2B and total debt of ₹138.0M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are ₹1.7B and ₹541.2M respectively. Patel Integrated Logistics's EBIT is ₹64.1M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹179.0M.
Key information
11.4%
Debt to equity ratio
₹138.00m
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹179.03m |
| Equity | ₹1.21b |
| Total liabilities | ₹541.18m |
| Total assets | ₹1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526381's short term assets (₹1.2B) exceed its short term liabilities (₹415.6M).
Long Term Liabilities: 526381's short term assets (₹1.2B) exceed its long term liabilities (₹125.6M).
Debt to Equity History and Analysis
Debt Level: 526381 has more cash than its total debt.
Reducing Debt: 526381's debt to equity ratio has reduced from 47% to 11.4% over the past 5 years.
Debt Coverage: 526381's debt is well covered by operating cash flow (78.9%).
Interest Coverage: 526381's interest payments on its debt are well covered by EBIT (3.9x coverage).