Hemang Resources Balance Sheet Health
Financial Health criteria checks 3/6
Hemang Resources has a total shareholder equity of ₹130.7M and total debt of ₹113.9M, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are ₹565.8M and ₹435.1M respectively.
Key information
87.2%
Debt to equity ratio
₹113.93m
Debt
Interest coverage ratio | n/a |
Cash | ₹1.37m |
Equity | ₹130.70m |
Total liabilities | ₹435.11m |
Total assets | ₹565.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531178's short term assets (₹489.0M) exceed its short term liabilities (₹331.2M).
Long Term Liabilities: 531178's short term assets (₹489.0M) exceed its long term liabilities (₹103.9M).
Debt to Equity History and Analysis
Debt Level: 531178's net debt to equity ratio (86.1%) is considered high.
Reducing Debt: 531178's debt to equity ratio has reduced from 412% to 87.2% 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 531178 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 531178 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.