Waaree Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Waaree Technologies has a total shareholder equity of ₹92.5M and total debt of ₹156.5M, which brings its debt-to-equity ratio to 169.2%. Its total assets and total liabilities are ₹307.3M and ₹214.8M respectively.
Key information
169.2%
Debt to equity ratio
₹156.45m
Debt
Interest coverage ratio | n/a |
Cash | ₹32.90m |
Equity | ₹92.46m |
Total liabilities | ₹214.83m |
Total assets | ₹307.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539337's short term assets (₹222.7M) exceed its short term liabilities (₹213.6M).
Long Term Liabilities: 539337's short term assets (₹222.7M) exceed its long term liabilities (₹1.2M).
Debt to Equity History and Analysis
Debt Level: 539337's net debt to equity ratio (133.6%) is considered high.
Reducing Debt: 539337's debt to equity ratio has increased from 14.1% to 169.2% 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: 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 51.8% each year