Prime Securities Balance Sheet Health
Financial Health criteria checks 6/6
Prime Securities has a total shareholder equity of ₹1.6B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.8B and ₹193.4M respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | n/a |
Cash | ₹388.20m |
Equity | ₹1.58b |
Total liabilities | ₹193.40m |
Total assets | ₹1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500337's short term assets (₹652.1M) exceed its short term liabilities (₹10.2M).
Long Term Liabilities: 500337's short term assets (₹652.1M) exceed its long term liabilities (₹183.2M).
Debt to Equity History and Analysis
Debt Level: 500337 is debt free.
Reducing Debt: 500337 has no debt compared to 5 years ago when its debt to equity ratio was 11.4%.
Debt Coverage: 500337 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 500337 has no debt, therefore coverage of interest payments is not a concern.