Amforge Industries Balance Sheet Health
Financial Health criteria checks 4/6
Amforge Industries has a total shareholder equity of ₹128.5M and total debt of ₹7.1M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ₹170.2M and ₹41.7M respectively.
Key information
5.5%
Debt to equity ratio
₹7.10m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹5.91m |
| Equity | ₹128.51m |
| Total liabilities | ₹41.65m |
| Total assets | ₹170.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513117's short term assets (₹97.3M) exceed its short term liabilities (₹13.6M).
Long Term Liabilities: 513117's short term assets (₹97.3M) exceed its long term liabilities (₹28.1M).
Debt to Equity History and Analysis
Debt Level: 513117's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 513117's debt to equity ratio has reduced from 38.2% to 5.5% 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: Insufficient data to determine if 513117 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 513117 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.