Parshwanath Balance Sheet Health
Financial Health criteria checks 3/6
Parshwanath has a total shareholder equity of ₹115.7M and total debt of ₹4.2M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹121.5M and ₹5.8M respectively.
Key information
3.6%
Debt to equity ratio
₹4.18m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹110.30m |
| Equity | ₹115.73m |
| Total liabilities | ₹5.76m |
| Total assets | ₹121.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511176's short term assets (₹116.2M) exceed its short term liabilities (₹5.4M).
Long Term Liabilities: 511176's short term assets (₹116.2M) exceed its long term liabilities (₹355.0K).
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 3.6% over the past 5 years.
Debt Coverage: 511176's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 511176's interest payments on its debt are well covered by EBIT.