LGB Forge Balance Sheet Health
Financial Health criteria checks 4/6
LGB Forge has a total shareholder equity of ₹201.7M and total debt of ₹290.6M, which brings its debt-to-equity ratio to 144.1%. Its total assets and total liabilities are ₹789.7M and ₹588.0M respectively.
Key information
144.1%
Debt to equity ratio
₹290.57m
Debt
Interest coverage ratio | n/a |
Cash | ₹4.81m |
Equity | ₹201.69m |
Total liabilities | ₹588.01m |
Total assets | ₹789.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533007's short term assets (₹655.0M) exceed its short term liabilities (₹447.3M).
Long Term Liabilities: 533007's short term assets (₹655.0M) exceed its long term liabilities (₹140.7M).
Debt to Equity History and Analysis
Debt Level: 533007's net debt to equity ratio (141.7%) is considered high.
Reducing Debt: 533007's debt to equity ratio has increased from 34.4% to 144.1% 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: Whilst unprofitable 533007 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 533007 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6% per year.