Paramount Communications Balance Sheet Health
Financial Health criteria checks 5/6
Paramount Communications has a total shareholder equity of ₹4.0B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are ₹6.9B and ₹2.9B respectively. Paramount Communications's EBIT is ₹644.3M making its interest coverage ratio 19.3. It has cash and short-term investments of ₹362.6M.
Key information
38.0%
Debt to equity ratio
₹1.51b
Debt
| Interest coverage ratio | 19.3x |
| Cash | ₹362.63m |
| Equity | ₹3.98b |
| Total liabilities | ₹2.88b |
| Total assets | ₹6.85b |
Recent financial health updates
We Think Paramount Communications (NSE:PARACABLES) Can Stay On Top Of Its Debt
Mar 15
Paramount Communications (NSE:PARACABLES) Seems To Use Debt Quite Sensibly
Aug 05Paramount Communications (NSE:PARACABLES) Has A Somewhat Strained Balance Sheet
Mar 30Here's Why Paramount Communications (NSE:PARACABLES) Is Weighed Down By Its Debt Load
Aug 05These 4 Measures Indicate That Paramount Communications (NSE:PARACABLES) Is Using Debt In A Risky Way
Mar 01These 4 Measures Indicate That Paramount Communications (NSE:PARACABLES) Is Using Debt In A Risky Way
Nov 09
Recent updates
Paramount Communications Limited (NSE:PARACABLES) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable
Apr 15We Think Paramount Communications (NSE:PARACABLES) Can Stay On Top Of Its Debt
Mar 15What You Can Learn From Paramount Communications Limited's (NSE:PARACABLES) P/EAfter Its 27% Share Price Crash
Feb 29Does Paramount Communications (NSE:PARACABLES) Deserve A Spot On Your Watchlist?
Jan 08Paramount Communications Limited (NSE:PARACABLES) Looks Just Right With A 27% Price Jump
Dec 18Increases to CEO Compensation Might Be Put On Hold For Now at Paramount Communications Limited (NSE:PARACABLES)
Sep 22If EPS Growth Is Important To You, Paramount Communications (NSE:PARACABLES) Presents An Opportunity
Apr 29Increases to Paramount Communications Limited's (NSE:PARACABLES) CEO Compensation Might Cool off for now
Sep 23Paramount Communications (NSE:PARACABLES) Seems To Use Debt Quite Sensibly
Aug 05We Like These Underlying Return On Capital Trends At Paramount Communications (NSE:PARACABLES)
Jun 28Paramount Communications (NSE:PARACABLES) Has A Somewhat Strained Balance Sheet
Mar 30A Look At The Fair Value Of Paramount Communications Limited (NSE:PARACABLES)
Dec 08Returns On Capital Are Showing Encouraging Signs At Paramount Communications (NSE:PARACABLES)
Oct 06Here's Why Paramount Communications (NSE:PARACABLES) Is Weighed Down By Its Debt Load
Aug 05Investors Will Want Paramount Communications' (NSE:PARACABLES) Growth In ROCE To Persist
Jul 01These 4 Measures Indicate That Paramount Communications (NSE:PARACABLES) Is Using Debt In A Risky Way
Mar 01Will Paramount Communications' (NSE:PARACABLES) Growth In ROCE Persist?
Jan 24Paramount Communications Limited (NSE:PARACABLES) Insiders Increased Their Holdings
Jan 03Are Paramount Communications's (NSE:PARACABLES) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 07These 4 Measures Indicate That Paramount Communications (NSE:PARACABLES) Is Using Debt In A Risky Way
Nov 09Have Insiders Been Buying Paramount Communications Limited (NSE:PARACABLES) Shares?
Sep 29If You Like EPS Growth Then Check Out Paramount Communications (NSE:PARACABLES) Before It's Too Late
Aug 25Financial Position Analysis
Short Term Liabilities: PARACABLES's short term assets (₹5.1B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: PARACABLES's short term assets (₹5.1B) exceed its long term liabilities (₹520.1M).
Debt to Equity History and Analysis
Debt Level: PARACABLES's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: PARACABLES's debt to equity ratio has reduced from 161.8% to 38% over the past 5 years.
Debt Coverage: PARACABLES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PARACABLES's interest payments on its debt are well covered by EBIT (19.3x coverage).