Panache Digilife Balance Sheet Health
Financial Health criteria checks 2/6
Panache Digilife has a total shareholder equity of ₹353.1M and total debt of ₹343.0M, which brings its debt-to-equity ratio to 97.1%. Its total assets and total liabilities are ₹958.6M and ₹605.5M respectively. Panache Digilife's EBIT is ₹45.4M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹5.6M.
Key information
97.1%
Debt to equity ratio
₹342.97m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹5.64m |
| Equity | ₹353.11m |
| Total liabilities | ₹605.46m |
| Total assets | ₹958.57m |
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
There 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 (₹843.1M) exceed its short term liabilities (₹557.6M).
Long Term Liabilities: PANACHE's short term assets (₹843.1M) exceed its long term liabilities (₹47.9M).
Debt to Equity History and Analysis
Debt Level: PANACHE's net debt to equity ratio (95.5%) is considered high.
Reducing Debt: PANACHE's debt to equity ratio has increased from 65.9% to 97.1% over the past 5 years.
Debt Coverage: PANACHE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PANACHE's interest payments on its debt are not well covered by EBIT (1.1x coverage).