Ananda Developments Balance Sheet Health
Financial Health criteria checks 3/6
Ananda Developments has a total shareholder equity of £351.3K and total debt of £2.1M, which brings its debt-to-equity ratio to 604.3%. Its total assets and total liabilities are £3.6M and £3.3M respectively.
Key information
604.3%
Debt to equity ratio
UK£2.12m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£84.43k |
| Equity | UK£351.34k |
| Total liabilities | UK£3.25m |
| Total assets | UK£3.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANA's short term assets (£161.8K) do not cover its short term liabilities (£3.2M).
Long Term Liabilities: ANA's short term assets (£161.8K) exceed its long term liabilities (£49.4K).
Debt to Equity History and Analysis
Debt Level: ANA's net debt to equity ratio (580.3%) is considered high.
Reducing Debt: ANA's debt to equity ratio has increased from 0% to 604.3% 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: ANA has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ANA is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.