Parshva Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
Parshva Enterprises has a total shareholder equity of ₹135.5M and total debt of ₹10.2M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ₹167.1M and ₹31.6M respectively. Parshva Enterprises's EBIT is ₹4.9M making its interest coverage ratio 4. It has cash and short-term investments of ₹893.0K.
Key information
7.5%
Debt to equity ratio
₹10.19m
Debt
Interest coverage ratio | 4x |
Cash | ₹893.00k |
Equity | ₹135.53m |
Total liabilities | ₹31.56m |
Total assets | ₹167.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542694's short term assets (₹163.4M) exceed its short term liabilities (₹26.9M).
Long Term Liabilities: 542694's short term assets (₹163.4M) exceed its long term liabilities (₹4.6M).
Debt to Equity History and Analysis
Debt Level: 542694's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 542694's debt to equity ratio has increased from 7.1% to 7.5% over the past 5 years.
Debt Coverage: 542694's debt is well covered by operating cash flow (161.9%).
Interest Coverage: 542694's interest payments on its debt are well covered by EBIT (4x coverage).