Praxis Home Retail Balance Sheet Health
Financial Health criteria checks 3/6
Praxis Home Retail has a total shareholder equity of ₹89.8M and total debt of ₹1.6B, which brings its debt-to-equity ratio to 1818.5%. Its total assets and total liabilities are ₹3.2B and ₹3.1B respectively.
Key information
1,818.5%
Debt to equity ratio
₹1.63b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹50.33m |
| Equity | ₹89.83m |
| Total liabilities | ₹3.09b |
| Total assets | ₹3.18b |
Recent financial health updates
Does Praxis Home Retail (NSE:PRAXIS) Have A Healthy Balance Sheet?
Dec 08
Is Praxis Home Retail (NSE:PRAXIS) Using Debt Sensibly?
Sep 07Recent updates
Investors Don't See Light At End Of Praxis Home Retail Limited's (NSE:PRAXIS) Tunnel And Push Stock Down 26%
Mar 13Praxis Home Retail Limited's (NSE:PRAXIS) 30% Price Boost Is Out Of Tune With Revenues
Jan 22Does Praxis Home Retail (NSE:PRAXIS) Have A Healthy Balance Sheet?
Dec 08Is Praxis Home Retail (NSE:PRAXIS) Using Debt Sensibly?
Sep 07Praxis Home Retail's (NSE:PRAXIS) Solid Profits Have Weak Fundamentals
May 24Estimating The Intrinsic Value Of Praxis Home Retail Limited (NSE:PRAXIS)
Mar 29Calculating The Fair Value Of Praxis Home Retail Limited (NSE:PRAXIS)
Nov 02Financial Position Analysis
Short Term Liabilities: PRAXIS's short term assets (₹1.9B) do not cover its short term liabilities (₹2.3B).
Long Term Liabilities: PRAXIS's short term assets (₹1.9B) exceed its long term liabilities (₹836.0M).
Debt to Equity History and Analysis
Debt Level: PRAXIS's net debt to equity ratio (1762.5%) is considered high.
Reducing Debt: PRAXIS's debt to equity ratio has increased from 13.4% to 1818.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PRAXIS has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PRAXIS is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.