Hittco Tools Balance Sheet Health
Financial Health criteria checks 1/6
Hittco Tools has a total shareholder equity of ₹28.3M and total debt of ₹50.8M, which brings its debt-to-equity ratio to 179.3%. Its total assets and total liabilities are ₹85.8M and ₹57.5M respectively.
Key information
179.3%
Debt to equity ratio
₹50.78m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.35m |
| Equity | ₹28.32m |
| Total liabilities | ₹57.52m |
| Total assets | ₹85.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531661's short term assets (₹36.9M) do not cover its short term liabilities (₹51.3M).
Long Term Liabilities: 531661's short term assets (₹36.9M) exceed its long term liabilities (₹6.2M).
Debt to Equity History and Analysis
Debt Level: 531661's net debt to equity ratio (171%) is considered high.
Reducing Debt: 531661's debt to equity ratio has increased from 137.5% to 179.3% 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: Insufficient data to determine if 531661 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 531661 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.