Panacea Biotec Balance Sheet Health
Financial Health criteria checks 5/6
Panacea Biotec has a total shareholder equity of ₹8.3B and total debt of ₹215.7M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹12.4B and ₹4.1B respectively.
Key information
2.6%
Debt to equity ratio
₹215.70m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.77b |
| Equity | ₹8.29b |
| Total liabilities | ₹4.14b |
| Total assets | ₹12.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531349's short term assets (₹5.0B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: 531349's short term assets (₹5.0B) exceed its long term liabilities (₹863.5M).
Debt to Equity History and Analysis
Debt Level: 531349 has more cash than its total debt.
Reducing Debt: 531349's debt to equity ratio has reduced from 281.1% to 2.6% over the past 5 years.
Debt Coverage: 531349's debt is well covered by operating cash flow (114.4%).
Interest Coverage: Insufficient data to determine if 531349's interest payments on its debt are well covered by EBIT.