Patel Integrated Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Patel Integrated Logistics has a total shareholder equity of ₹1.2B and total debt of ₹243.7M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ₹1.9B and ₹727.1M respectively. Patel Integrated Logistics's EBIT is ₹62.9M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹365.7M.
Key information
20.4%
Debt to equity ratio
₹243.69m
Debt
Interest coverage ratio | 2.4x |
Cash | ₹365.73m |
Equity | ₹1.19b |
Total liabilities | ₹727.11m |
Total assets | ₹1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526381's short term assets (₹1.4B) exceed its short term liabilities (₹587.1M).
Long Term Liabilities: 526381's short term assets (₹1.4B) exceed its long term liabilities (₹140.0M).
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 59.8% to 20.4% over the past 5 years.
Debt Coverage: 526381's debt is well covered by operating cash flow (50.1%).
Interest Coverage: 526381's interest payments on its debt are not well covered by EBIT (2.4x coverage).