Waaree Technologies Balance Sheet Health
Financial Health criteria checks 1/6
Waaree Technologies has a total shareholder equity of ₹11.2M and total debt of ₹171.5M, which brings its debt-to-equity ratio to 1530.3%. Its total assets and total liabilities are ₹214.3M and ₹203.1M respectively.
Key information
1,530.3%
Debt to equity ratio
₹171.45m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹19.74m |
| Equity | ₹11.20m |
| Total liabilities | ₹203.11m |
| Total assets | ₹214.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539337's short term assets (₹123.4M) do not cover its short term liabilities (₹201.1M).
Long Term Liabilities: 539337's short term assets (₹123.4M) exceed its long term liabilities (₹2.0M).
Debt to Equity History and Analysis
Debt Level: 539337's net debt to equity ratio (1354%) is considered high.
Reducing Debt: 539337's debt to equity ratio has increased from 2.5% to 1530.3% 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: 539337 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 539337 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.4% each year