Paramount Cosmetics (India) Balance Sheet Health
Financial Health criteria checks 3/6
Paramount Cosmetics (India) has a total shareholder equity of ₹203.1M and total debt of ₹122.0M, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are ₹408.9M and ₹205.7M respectively. Paramount Cosmetics (India)'s EBIT is ₹18.4M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹14.8M.
Key information
60.1%
Debt to equity ratio
₹122.04m
Debt
Interest coverage ratio | 1.1x |
Cash | ₹14.79m |
Equity | ₹203.14m |
Total liabilities | ₹205.73m |
Total assets | ₹408.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507970's short term assets (₹230.8M) exceed its short term liabilities (₹129.4M).
Long Term Liabilities: 507970's short term assets (₹230.8M) exceed its long term liabilities (₹76.3M).
Debt to Equity History and Analysis
Debt Level: 507970's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: 507970's debt to equity ratio has reduced from 106.9% to 60.1% over the past 5 years.
Debt Coverage: 507970's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 507970's interest payments on its debt are not well covered by EBIT (1.1x coverage).