Paragon Finance Balance Sheet Health
Financial Health criteria checks 4/6
Paragon Finance has a total shareholder equity of ₹290.9M and total debt of ₹12.1M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ₹307.5M and ₹16.6M respectively.
Key information
4.2%
Debt to equity ratio
₹12.13m
Debt
Interest coverage ratio | n/a |
Cash | ₹28.05m |
Equity | ₹290.87m |
Total liabilities | ₹16.63m |
Total assets | ₹307.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531255's short term assets (₹124.1M) exceed its short term liabilities (₹16.6M).
Long Term Liabilities: 531255 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531255 has more cash than its total debt.
Reducing Debt: 531255's debt to equity ratio has increased from 4.1% to 4.2% over the past 5 years.
Debt Coverage: 531255's debt is well covered by operating cash flow (417.2%).
Interest Coverage: Insufficient data to determine if 531255's interest payments on its debt are well covered by EBIT.