Parag Milk Foods Balance Sheet Health
Financial Health criteria checks 3/6
Parag Milk Foods has a total shareholder equity of ₹8.5B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 73.2%. Its total assets and total liabilities are ₹17.4B and ₹8.9B respectively. Parag Milk Foods's EBIT is ₹1.5B making its interest coverage ratio 2.2. It has cash and short-term investments of ₹166.3M.
Key information
73.2%
Debt to equity ratio
₹6.26b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹166.26m |
| Equity | ₹8.55b |
| Total liabilities | ₹8.89b |
| Total assets | ₹17.44b |
Recent financial health updates
Here's Why Parag Milk Foods (NSE:PARAGMILK) Has A Meaningful Debt Burden
Jun 21
Does Parag Milk Foods (NSE:PARAGMILK) Have A Healthy Balance Sheet?
Nov 26Parag Milk Foods (NSE:PARAGMILK) Has A Somewhat Strained Balance Sheet
Nov 16Recent updates
Investors Still Aren't Entirely Convinced By Parag Milk Foods Limited's (NSE:PARAGMILK) Revenues Despite 29% Price Jump
Feb 13Here's What's Concerning About Parag Milk Foods' (NSE:PARAGMILK) Returns On Capital
Feb 08Parag Milk Foods (NSE:PARAGMILK) Is Reinvesting At Lower Rates Of Return
Oct 25Here's Why Parag Milk Foods (NSE:PARAGMILK) Has A Meaningful Debt Burden
Jun 21Is It Too Late To Consider Buying Parag Milk Foods Limited (NSE:PARAGMILK)?
Jul 14Calculating The Fair Value Of Parag Milk Foods Limited (NSE:PARAGMILK)
May 14Returns At Parag Milk Foods (NSE:PARAGMILK) Appear To Be Weighed Down
Apr 06Parag Milk Foods (NSE:PARAGMILK) Is Reinvesting At Lower Rates Of Return
Dec 21Does Parag Milk Foods (NSE:PARAGMILK) Have A Healthy Balance Sheet?
Nov 26At ₹146, Is It Time To Put Parag Milk Foods Limited (NSE:PARAGMILK) On Your Watch List?
Oct 13Why Parag Milk Foods' (NSE:PARAGMILK) Shaky Earnings Are Just The Beginning Of Its Problems
Jun 19Are Parag Milk Foods Limited (NSE:PARAGMILK) Investors Paying Above The Intrinsic Value?
May 27Does Parag Milk Foods Limited (NSE:PARAGMILK) Have A Place In Your Dividend Stock Portfolio?
Mar 29Are Parag Milk Foods Limited's (NSE:PARAGMILK) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Mar 15Is It Time To Consider Buying Parag Milk Foods Limited (NSE:PARAGMILK)?
Mar 03Is Parag Milk Foods Limited (NSE:PARAGMILK) Worth ₹109 Based On Its Intrinsic Value?
Feb 19Would Shareholders Who Purchased Parag Milk Foods' (NSE:PARAGMILK) Stock Three Years Be Happy With The Share price Today?
Feb 07
Returns On Capital At Parag Milk Foods (NSE:PARAGMILK) Paint An Interesting Picture
Jan 24Is Parag Milk Foods Limited (NSE:PARAGMILK) Popular Amongst Insiders?
Jan 10Key Things To Watch Out For If You Are After Parag Milk Foods Limited's (NSE:PARAGMILK) 0.4% Dividend
Dec 27Parag Milk Foods Limited's (NSE:PARAGMILK) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 13Is Now An Opportune Moment To Examine Parag Milk Foods Limited (NSE:PARAGMILK)?
Nov 29Parag Milk Foods (NSE:PARAGMILK) Has A Somewhat Strained Balance Sheet
Nov 16Parag Milk Foods' (NSE:PARAGMILK) Shareholders Are Down 62% On Their Shares
Nov 02Will Parag Milk Foods (NSE:PARAGMILK) Multiply In Value Going Forward?
Oct 20Here's What Parag Milk Foods Limited's (NSE:PARAGMILK) Shareholder Ownership Structure Looks Like
Oct 05Is Parag Milk Foods Limited (NSE:PARAGMILK) A Great Dividend Stock?
Sep 21Parag Milk Foods Limited Recorded A 15% Miss On Revenue: Analysts Are Revisiting Their Models
Sep 10Parag Milk Foods Limited's (NSE:PARAGMILK) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Sep 07Financial Position Analysis
Short Term Liabilities: PARAGMILK's short term assets (₹11.9B) exceed its short term liabilities (₹6.2B).
Long Term Liabilities: PARAGMILK's short term assets (₹11.9B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: PARAGMILK's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: PARAGMILK's debt to equity ratio has increased from 30.6% to 73.2% over the past 5 years.
Debt Coverage: PARAGMILK's debt is well covered by operating cash flow (34.3%).
Interest Coverage: PARAGMILK's interest payments on its debt are not well covered by EBIT (2.2x coverage).