Panache Digilife Balance Sheet Health
Financial Health criteria checks 2/6
Panache Digilife has a total shareholder equity of ₹318.7M and total debt of ₹327.6M, which brings its debt-to-equity ratio to 102.8%. Its total assets and total liabilities are ₹967.1M and ₹648.4M respectively. Panache Digilife's EBIT is ₹62.5M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹5.9M.
Key information
102.8%
Debt to equity ratio
₹327.64m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹5.95m |
| Equity | ₹318.72m |
| Total liabilities | ₹648.36m |
| Total assets | ₹967.08m |
Recent financial health updates
Here's Why Panache Digilife (NSE:PANACHE) Has A Meaningful Debt Burden
Nov 09
Panache Digilife (NSE:PANACHE) Takes On Some Risk With Its Use Of Debt
Jun 09Does Panache Digilife (NSE:PANACHE) Have A Healthy Balance Sheet?
Dec 23Does Panache Digilife (NSE:PANACHE) Have A Healthy Balance Sheet?
Sep 23Panache Digilife (NSE:PANACHE) Seems To Be Using A Lot Of Debt
May 27Is Panache Digilife (NSE:PANACHE) Using Too Much Debt?
Jul 03Recent updates
Here's Why Shareholders May Consider Paying Panache Digilife Limited's (NSE:PANACHE) CEO A Little More
Sep 20Panache Digilife Limited's (NSE:PANACHE) Shares Climb 25% But Its Business Is Yet to Catch Up
Aug 23Subdued Growth No Barrier To Panache Digilife Limited (NSE:PANACHE) With Shares Advancing 49%
Jun 12There Is A Reason Panache Digilife Limited's (NSE:PANACHE) Price Is Undemanding
Mar 21Here's Why Panache Digilife (NSE:PANACHE) Has A Meaningful Debt Burden
Nov 09Panache Digilife (NSE:PANACHE) Takes On Some Risk With Its Use Of Debt
Jun 09Does Panache Digilife (NSE:PANACHE) Have A Healthy Balance Sheet?
Dec 23Does Panache Digilife (NSE:PANACHE) Have A Healthy Balance Sheet?
Sep 23Here's Why Panache Digilife (NSE:PANACHE) Has Caught The Eye Of Investors
Aug 13Panache Digilife (NSE:PANACHE) Seems To Be Using A Lot Of Debt
May 27A Look At The Fair Value Of Panache Digilife Limited (NSE:PANACHE)
Apr 12Is Panache Digilife (NSE:PANACHE) Using Too Much Debt?
Jul 03What To Know Before Buying Panache Digilife Limited (NSE:PANACHE) For Its Dividend
Feb 21Is Panache Digilife (NSE:PANACHE) Using Too Much Debt?
Jan 17
Taking A Look At Panache Digilife Limited's (NSE:PANACHE) ROE
Dec 13Financial Position Analysis
Short Term Liabilities: PANACHE's short term assets (₹846.2M) exceed its short term liabilities (₹619.6M).
Long Term Liabilities: PANACHE's short term assets (₹846.2M) exceed its long term liabilities (₹28.8M).
Debt to Equity History and Analysis
Debt Level: PANACHE's net debt to equity ratio (100.9%) is considered high.
Reducing Debt: PANACHE's debt to equity ratio has increased from 73.8% to 102.8% over the past 5 years.
Debt Coverage: PANACHE's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: PANACHE's interest payments on its debt are not well covered by EBIT (1.4x coverage).