Palm Jewels Balance Sheet Health

Financial Health criteria checks 4/6

Palm Jewels has a total shareholder equity of ₹153.0M and total debt of ₹23.2M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are ₹219.0M and ₹65.9M respectively. Palm Jewels's EBIT is ₹8.3M making its interest coverage ratio 7.3. It has cash and short-term investments of ₹3.7M.

Key information

15.2%

Debt to equity ratio

₹23.20m

Debt

Interest coverage ratio7.3x
Cash₹3.69m
Equity₹153.04m
Total liabilities₹65.93m
Total assets₹218.97m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 541444's short term assets (₹209.2M) exceed its short term liabilities (₹56.4M).

Long Term Liabilities: 541444's short term assets (₹209.2M) exceed its long term liabilities (₹9.5M).


Debt to Equity History and Analysis

Debt Level: 541444's net debt to equity ratio (12.8%) is considered satisfactory.

Reducing Debt: 541444's debt to equity ratio has increased from 3.6% to 15.2% over the past 5 years.

Debt Coverage: Insufficient data to determine if 541444's debt is well covered by operating cash flow.

Interest Coverage: 541444's interest payments on its debt are well covered by EBIT (7.3x coverage).


Balance Sheet


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