Palash Securities Balance Sheet Health
Financial Health criteria checks 2/6
Palash Securities has a total shareholder equity of ₹5.0B and total debt of ₹253.4M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ₹5.5B and ₹442.2M respectively.
Key information
5.1%
Debt to equity ratio
₹253.43m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹49.67m |
| Equity | ₹5.02b |
| Total liabilities | ₹442.18m |
| Total assets | ₹5.46b |
Recent financial health updates
Auditors Are Concerned About Palash Securities (NSE:PALASHSECU)
Jul 15
Palash Securities (NSE:PALASHSECU) Is Making Moderate Use Of Debt
Dec 14Palash Securities (NSE:PALASHSECU) Is Carrying A Fair Bit Of Debt
Jun 26Would Palash Securities (NSE:PALASHSECU) Be Better Off With Less Debt?
Nov 25Palash Securities (NSE:PALASHSECU) Is Carrying A Fair Bit Of Debt
Mar 11Is Palash Securities (NSE:PALASHSECU) A Risky Investment?
Nov 26Recent updates
Auditors Are Concerned About Palash Securities (NSE:PALASHSECU)
Jul 15Palash Securities (NSE:PALASHSECU) Is Making Moderate Use Of Debt
Dec 14Palash Securities (NSE:PALASHSECU) Is Carrying A Fair Bit Of Debt
Jun 26Would Palash Securities (NSE:PALASHSECU) Be Better Off With Less Debt?
Nov 25Palash Securities (NSE:PALASHSECU) Is Carrying A Fair Bit Of Debt
Mar 11Is Palash Securities (NSE:PALASHSECU) A Risky Investment?
Nov 26Financial Position Analysis
Short Term Liabilities: PALASHSECU's short term assets (₹242.4M) do not cover its short term liabilities (₹367.7M).
Long Term Liabilities: PALASHSECU's short term assets (₹242.4M) exceed its long term liabilities (₹74.5M).
Debt to Equity History and Analysis
Debt Level: PALASHSECU's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: PALASHSECU's debt to equity ratio has increased from 2.3% to 5.1% 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: PALASHSECU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PALASHSECU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.8% each year