Par Drugs and Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Par Drugs and Chemicals has a total shareholder equity of ₹786.0M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹956.6M and ₹170.6M respectively. Par Drugs and Chemicals's EBIT is ₹187.1M making its interest coverage ratio -164.4. It has cash and short-term investments of ₹298.5M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -164.4x |
| Cash | ₹298.54m |
| Equity | ₹785.98m |
| Total liabilities | ₹170.57m |
| Total assets | ₹956.55m |
Recent financial health updates
No updates
Recent updates
Improved Earnings Required Before Par Drugs and Chemicals Limited (NSE:PAR) Stock's 29% Jump Looks Justified
Apr 16
Here's Why We Think Par Drugs and Chemicals (NSE:PAR) Might Deserve Your Attention Today
Apr 05Do Par Drugs and Chemicals' (NSE:PAR) Earnings Warrant Your Attention?
Nov 03If EPS Growth Is Important To You, Par Drugs and Chemicals (NSE:PAR) Presents An Opportunity
May 19Does Par Drugs and Chemicals (NSE:PAR) Deserve A Spot On Your Watchlist?
Mar 17Do Par Drugs and Chemicals's (NSE:PAR) Earnings Warrant Your Attention?
Oct 22Investors Shouldn't Be Too Comfortable With Par Drugs and Chemicals' (NSE:PAR) Robust Earnings
Aug 11Here's Why We Think Par Drugs and Chemicals (NSE:PAR) Is Well Worth Watching
Jul 14Is Par Drugs and Chemicals Limited (NSE:PAR) An Attractive Dividend Stock?
Mar 31Are Strong Financial Prospects The Force That Is Driving The Momentum In Par Drugs and Chemicals Limited's NSE:PAR) Stock?
Mar 05Chairman of the Board & MD Falgun Savani Just Bought A Handful Of Shares In Par Drugs and Chemicals Limited (NSE:PAR)
Feb 06
Here's Why I Think Par Drugs and Chemicals (NSE:PAR) Might Deserve Your Attention Today
Jan 10How Does Par Drugs and Chemicals Limited (NSE:PAR) Fare As A Dividend Stock?
Dec 13Financial Position Analysis
Short Term Liabilities: PAR's short term assets (₹540.5M) exceed its short term liabilities (₹133.0M).
Long Term Liabilities: PAR's short term assets (₹540.5M) exceed its long term liabilities (₹37.6M).
Debt to Equity History and Analysis
Debt Level: PAR is debt free.
Reducing Debt: PAR has no debt compared to 5 years ago when its debt to equity ratio was 53.4%.
Debt Coverage: PAR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PAR has no debt, therefore coverage of interest payments is not a concern.