Palash Securities Balance Sheet Health
Financial Health criteria checks 3/6
Palash Securities has a total shareholder equity of ₹6.3B and total debt of ₹393.5M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₹7.2B and ₹902.5M respectively.
Key information
6.2%
Debt to equity ratio
₹393.48m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹107.90m |
| Equity | ₹6.32b |
| Total liabilities | ₹902.54m |
| Total assets | ₹7.23b |
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 (₹269.8M) do not cover its short term liabilities (₹523.0M).
Long Term Liabilities: PALASHSECU's short term assets (₹269.8M) do not cover its long term liabilities (₹379.5M).
Debt to Equity History and Analysis
Debt Level: PALASHSECU's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: PALASHSECU's debt to equity ratio has increased from 3.1% 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: PALASHSECU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PALASHSECU has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 20.5% each year.