Paramount Cosmetics (India) Balance Sheet Health
Financial Health criteria checks 3/6
Paramount Cosmetics (India) has a total shareholder equity of ₹203.7M and total debt of ₹121.3M, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are ₹413.6M and ₹209.9M respectively. Paramount Cosmetics (India)'s EBIT is ₹3.3M making its interest coverage ratio 0.2. It has cash and short-term investments of ₹14.6M.
Key information
59.5%
Debt to equity ratio
₹121.29m
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₹14.60m |
| Equity | ₹203.75m |
| Total liabilities | ₹209.88m |
| Total assets | ₹413.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507970's short term assets (₹249.7M) exceed its short term liabilities (₹128.1M).
Long Term Liabilities: 507970's short term assets (₹249.7M) exceed its long term liabilities (₹81.8M).
Debt to Equity History and Analysis
Debt Level: 507970's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: 507970's debt to equity ratio has reduced from 100.6% to 59.5% over the past 5 years.
Debt Coverage: 507970's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 507970's interest payments on its debt are not well covered by EBIT (0.2x coverage).