Prism Finance Balance Sheet Health
Financial Health criteria checks 6/6
Prism Finance has a total shareholder equity of ₹231.4M and total debt of ₹16.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are ₹259.2M and ₹27.8M respectively. Prism Finance's EBIT is ₹147.1M making its interest coverage ratio 795.2. It has cash and short-term investments of ₹230.3M.
Key information
0.007%
Debt to equity ratio
₹16.00k
Debt
| Interest coverage ratio | 795.2x |
| Cash | ₹230.30m |
| Equity | ₹231.44m |
| Total liabilities | ₹27.76m |
| Total assets | ₹259.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531735's short term assets (₹237.8M) exceed its short term liabilities (₹6.4M).
Long Term Liabilities: 531735's short term assets (₹237.8M) exceed its long term liabilities (₹21.3M).
Debt to Equity History and Analysis
Debt Level: 531735 has more cash than its total debt.
Reducing Debt: 531735's debt to equity ratio has reduced from 35.3% to 0.01% over the past 5 years.
Debt Coverage: 531735's debt is well covered by operating cash flow (166762.5%).
Interest Coverage: 531735's interest payments on its debt are well covered by EBIT (795.2x coverage).