PTC India Balance Sheet Health
Financial Health criteria checks 5/6
PTC India has a total shareholder equity of ₹60.3B and total debt of ₹43.3B, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are ₹151.2B and ₹90.9B respectively. PTC India's EBIT is ₹11.0B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹22.4B.
Key information
71.8%
Debt to equity ratio
₹43.27b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹22.43b |
| Equity | ₹60.30b |
| Total liabilities | ₹90.93b |
| Total assets | ₹151.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532524's short term assets (₹109.0B) exceed its short term liabilities (₹62.5B).
Long Term Liabilities: 532524's short term assets (₹109.0B) exceed its long term liabilities (₹28.4B).
Debt to Equity History and Analysis
Debt Level: 532524's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: 532524's debt to equity ratio has reduced from 288% to 71.8% over the past 5 years.
Debt Coverage: 532524's debt is well covered by operating cash flow (56.6%).
Interest Coverage: 532524's interest payments on its debt are not well covered by EBIT (2.6x coverage).