Panjon Balance Sheet Health
Financial Health criteria checks 4/6
Panjon has a total shareholder equity of ₹148.5M and total debt of ₹14.4M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are ₹173.9M and ₹25.4M respectively.
Key information
9.7%
Debt to equity ratio
₹14.37m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹27.18m |
| Equity | ₹148.53m |
| Total liabilities | ₹25.38m |
| Total assets | ₹173.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526345's short term assets (₹125.6M) exceed its short term liabilities (₹24.0M).
Long Term Liabilities: 526345's short term assets (₹125.6M) exceed its long term liabilities (₹1.4M).
Debt to Equity History and Analysis
Debt Level: 526345 has more cash than its total debt.
Reducing Debt: 526345's debt to equity ratio has reduced from 9.9% to 9.7% over the past 5 years.
Debt Coverage: 526345's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 526345's interest payments on its debt are well covered by EBIT.