Patel Integrated Logistics Balance Sheet Health
Financial Health criteria checks 4/6
Patel Integrated Logistics has a total shareholder equity of ₹1.2B and total debt of ₹596.4M, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are ₹1.9B and ₹694.6M respectively. Patel Integrated Logistics's EBIT is ₹76.4M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹146.5M.
Key information
50.3%
Debt to equity ratio
₹596.40m
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹146.53m |
| Equity | ₹1.19b |
| Total liabilities | ₹694.57m |
| Total assets | ₹1.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PATINTPP's short term assets (₹1.3B) exceed its short term liabilities (₹427.8M).
Long Term Liabilities: PATINTPP's short term assets (₹1.3B) exceed its long term liabilities (₹266.8M).
Debt to Equity History and Analysis
Debt Level: PATINTPP's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: PATINTPP's debt to equity ratio has reduced from 53.6% to 50.3% over the past 5 years.
Debt Coverage: PATINTPP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PATINTPP's interest payments on its debt are not well covered by EBIT (2.7x coverage).