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 ₹228.6M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ₹1.7B and ₹462.4M respectively. Patel Integrated Logistics's EBIT is ₹44.5M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹112.9M.
Key information
19.2%
Debt to equity ratio
₹228.56m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹112.89m |
| Equity | ₹1.19b |
| Total liabilities | ₹462.35m |
| Total assets | ₹1.65b |
Recent financial health updates
Here's Why Patel Integrated Logistics (NSE:PATINTLOG) Has A Meaningful Debt Burden
Dec 12
These 4 Measures Indicate That Patel Integrated Logistics (NSE:PATINTLOG) Is Using Debt Reasonably Well
Aug 08Is Patel Integrated Logistics (NSE:PATINTLOG) Using Too Much Debt?
Jul 26Here's Why Patel Integrated Logistics (NSE:PATINTLOG) Can Manage Its Debt Responsibly
Jan 24Recent updates
Take Care Before Jumping Onto Patel Integrated Logistics Limited (NSE:PATINTLOG) Even Though It's 25% Cheaper
Mar 27There's Reason For Concern Over Patel Integrated Logistics Limited's (NSE:PATINTLOG) Massive 26% Price Jump
Feb 08Patel Integrated Logistics Limited's (NSE:PATINTLOG) 31% Share Price Surge Not Quite Adding Up
Dec 18Here's Why Patel Integrated Logistics (NSE:PATINTLOG) Has A Meaningful Debt Burden
Dec 12These 4 Measures Indicate That Patel Integrated Logistics (NSE:PATINTLOG) Is Using Debt Reasonably Well
Aug 08Is Patel Integrated Logistics (NSE:PATINTLOG) Using Too Much Debt?
Jul 26Patel Integrated Logistics Limited (NSE:PATINTLOG) Investors Should Think About This Before Buying It For Its Dividend
May 10Here's Why Patel Integrated Logistics (NSE:PATINTLOG) Can Manage Its Debt Responsibly
Jan 24Should You Buy Patel Integrated Logistics Limited (NSE:PATINTLOG) For Its 0.4% Dividend?
Dec 01Take Care Before Diving Into The Deep End On Patel Integrated Logistics Limited (NSE:PATINTLOG)
Aug 20
Do Patel Integrated Logistics's (NSE:PATINTLOG) Earnings Warrant Your Attention?
Aug 19Read This Before Buying Patel Integrated Logistics Limited (NSE:PATINTLOG) For Its Dividend
Jul 24Financial Position Analysis
Short Term Liabilities: PATINTLOG's short term assets (₹1.0B) exceed its short term liabilities (₹308.3M).
Long Term Liabilities: PATINTLOG's short term assets (₹1.0B) exceed its long term liabilities (₹154.0M).
Debt to Equity History and Analysis
Debt Level: PATINTLOG's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: PATINTLOG's debt to equity ratio has reduced from 58.3% to 19.2% over the past 5 years.
Debt Coverage: PATINTLOG's debt is well covered by operating cash flow (43.7%).
Interest Coverage: PATINTLOG's interest payments on its debt are well covered by EBIT (4.1x coverage).