Prism Finance Balance Sheet Health
Financial Health criteria checks 6/6
Prism Finance has a total shareholder equity of ₹233.3M and total debt of ₹5.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹183.7M and ₹3.9M respectively. Prism Finance's EBIT is ₹84.1M making its interest coverage ratio 96.3. It has cash and short-term investments of ₹398.0K.
Key information
2.1%
Debt to equity ratio
₹5.00m
Debt
Interest coverage ratio | 96.3x |
Cash | ₹398.00k |
Equity | ₹233.28m |
Total liabilities | ₹3.88m |
Total assets | ₹183.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531735's short term assets (₹165.0M) exceed its short term liabilities (₹535.0K).
Long Term Liabilities: 531735's short term assets (₹165.0M) exceed its long term liabilities (₹3.3M).
Debt to Equity History and Analysis
Debt Level: 531735's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: 531735's debt to equity ratio has reduced from 4.3% to 2.1% over the past 5 years.
Debt Coverage: 531735's debt is well covered by operating cash flow (541.1%).
Interest Coverage: 531735's interest payments on its debt are well covered by EBIT (96.3x coverage).