Parin Enterprises Balance Sheet Health
Financial Health criteria checks 2/6
Parin Enterprises has a total shareholder equity of ₹591.1M and total debt of ₹525.8M, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are ₹1.4B and ₹781.4M respectively. Parin Enterprises's EBIT is ₹55.6M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹15.0M.
Key information
89.0%
Debt to equity ratio
₹525.79m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹14.99m |
| Equity | ₹591.06m |
| Total liabilities | ₹781.39m |
| Total assets | ₹1.37b |
Recent financial health updates
Is Parin Furniture (NSE:PARIN) Using Too Much Debt?
Jul 30
Is Parin Furniture (NSE:PARIN) A Risky Investment?
Dec 05Is Parin Furniture (NSE:PARIN) A Risky Investment?
Mar 29Is Parin Furniture (NSE:PARIN) Using Too Much Debt?
Mar 01Is Parin Furniture (NSE:PARIN) A Risky Investment?
Dec 01
Recent updates
Is Parin Furniture (NSE:PARIN) Using Too Much Debt?
Jul 30Is Parin Furniture (NSE:PARIN) A Risky Investment?
Dec 05Is Parin Furniture (NSE:PARIN) A Risky Investment?
Mar 29If You Like EPS Growth Then Check Out Parin Furniture (NSE:PARIN) Before It's Too Late
Oct 27Is Parin Furniture (NSE:PARIN) Using Too Much Debt?
Mar 01Should We Be Delighted With Parin Furniture Limited's (NSE:PARIN) ROE Of 12%?
Jan 05Is Parin Furniture (NSE:PARIN) A Risky Investment?
Dec 01Financial Position Analysis
Short Term Liabilities: PARIN's short term assets (₹1.2B) exceed its short term liabilities (₹610.9M).
Long Term Liabilities: PARIN's short term assets (₹1.2B) exceed its long term liabilities (₹170.5M).
Debt to Equity History and Analysis
Debt Level: PARIN's net debt to equity ratio (86.4%) is considered high.
Reducing Debt: PARIN's debt to equity ratio has increased from 59.1% to 89% over the past 5 years.
Debt Coverage: PARIN's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: PARIN's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 13:50 |
| End of Day Share Price | 2024/12/26 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
Parin Enterprises 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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