Parle Industries Balance Sheet Health
Financial Health criteria checks 6/6
Parle Industries has a total shareholder equity of ₹202.8M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹211.8M and ₹9.0M respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | n/a |
Cash | ₹655.00k |
Equity | ₹202.85m |
Total liabilities | ₹9.00m |
Total assets | ₹211.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532911's short term assets (₹210.5M) exceed its short term liabilities (₹666.0K).
Long Term Liabilities: 532911's short term assets (₹210.5M) exceed its long term liabilities (₹8.3M).
Debt to Equity History and Analysis
Debt Level: 532911 is debt free.
Reducing Debt: 532911 has no debt compared to 5 years ago when its debt to equity ratio was 14.6%.
Debt Coverage: 532911 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 532911 has no debt, therefore coverage of interest payments is not a concern.