Paras Defence and Space Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Paras Defence andce Technologies has a total shareholder equity of ₹4.7B and total debt of ₹678.2M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are ₹6.9B and ₹2.2B respectively. Paras Defence andce Technologies's EBIT is ₹578.0M making its interest coverage ratio 17.6. It has cash and short-term investments of ₹179.3M.
Key information
14.4%
Debt to equity ratio
₹678.20m
Debt
| Interest coverage ratio | 17.6x |
| Cash | ₹179.30m |
| Equity | ₹4.70b |
| Total liabilities | ₹2.23b |
| Total assets | ₹6.93b |
Recent financial health updates
No updates
Recent updates
Why Paras Defence and Space Technologies' (NSE:PARAS) Shaky Earnings Are Just The Beginning Of Its Problems
Jun 08
Pinning Down Paras Defence and Space Technologies Limited's (NSE:PARAS) P/S Is Difficult Right Now
May 25Paras Defence and Space Technologies Limited's (NSE:PARAS) Shares May Have Run Too Fast Too Soon
Feb 16Paras Defence and Space Technologies (NSE:PARAS) Will Be Hoping To Turn Its Returns On Capital Around
Aug 09Paras Defence and Space Technologies (NSE:PARAS) Will Want To Turn Around Its Return Trends
Mar 07Financial Position Analysis
Short Term Liabilities: PARAS's short term assets (₹4.7B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: PARAS's short term assets (₹4.7B) exceed its long term liabilities (₹264.4M).
Debt to Equity History and Analysis
Debt Level: PARAS's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: PARAS's debt to equity ratio has reduced from 58% to 14.4% over the past 5 years.
Debt Coverage: PARAS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PARAS's interest payments on its debt are well covered by EBIT (17.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Paras Defence and Space Technologies Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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