Parshwanath Balance Sheet Health
Financial Health criteria checks 4/6
Parshwanath has a total shareholder equity of ₹120.4M and total debt of ₹2.5M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹124.4M and ₹3.9M respectively.
Key information
2.1%
Debt to equity ratio
₹2.53m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹114.14m |
| Equity | ₹120.45m |
| Total liabilities | ₹3.91m |
| Total assets | ₹124.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511176's short term assets (₹119.6M) exceed its short term liabilities (₹3.5M).
Long Term Liabilities: 511176's short term assets (₹119.6M) exceed its long term liabilities (₹416.0K).
Debt to Equity History and Analysis
Debt Level: 511176 has more cash than its total debt.
Reducing Debt: 511176's debt to equity ratio has increased from 0% to 2.1% over the past 5 years.
Debt Coverage: 511176's debt is well covered by operating cash flow (41.9%).
Interest Coverage: Insufficient data to determine if 511176's interest payments on its debt are well covered by EBIT.