Palash Securities Balance Sheet Health
Financial Health criteria checks 1/6
Palash Securities has a total shareholder equity of ₹4.9B and total debt of ₹302.1M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₹5.6B and ₹699.5M respectively.
Key information
6.2%
Debt to equity ratio
₹302.10m
Debt
Interest coverage ratio | n/a |
Cash | ₹103.44m |
Equity | ₹4.90b |
Total liabilities | ₹699.52m |
Total assets | ₹5.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540648's short term assets (₹269.3M) do not cover its short term liabilities (₹417.4M).
Long Term Liabilities: 540648's short term assets (₹269.3M) do not cover its long term liabilities (₹282.1M).
Debt to Equity History and Analysis
Debt Level: 540648's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: 540648's debt to equity ratio has increased from 1.9% to 6.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 540648 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 540648 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.7% each year