Veejay Lakshmi Engineering Works Balance Sheet Health
Financial Health criteria checks 2/6
Veejay Lakshmi Engineering Works has a total shareholder equity of ₹185.1M and total debt of ₹348.5M, which brings its debt-to-equity ratio to 188.3%. Its total assets and total liabilities are ₹688.7M and ₹503.6M respectively.
Key information
188.3%
Debt to equity ratio
₹348.51m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹4.56m |
| Equity | ₹185.13m |
| Total liabilities | ₹503.59m |
| Total assets | ₹688.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522267's short term assets (₹264.3M) exceed its short term liabilities (₹244.9M).
Long Term Liabilities: 522267's short term assets (₹264.3M) exceed its long term liabilities (₹258.7M).
Debt to Equity History and Analysis
Debt Level: 522267's net debt to equity ratio (185.8%) is considered high.
Reducing Debt: 522267's debt to equity ratio has increased from 13.6% to 188.3% 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: 522267 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 522267 has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.3% each year.