Shrenik Balance Sheet Health
Financial Health criteria checks 2/6
Shrenik has a total shareholder equity of ₹-1.8B and total debt of ₹1.2B, which brings its debt-to-equity ratio to -70.3%. Its total assets and total liabilities are ₹16.7M and ₹1.8B respectively.
Key information
-70.3%
Debt to equity ratio
₹1.24b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹16.00k |
| Equity | -₹1.76b |
| Total liabilities | ₹1.78b |
| Total assets | ₹16.67m |
Recent financial health updates
Is Shrenik (NSE:SHRENIK) A Risky Investment?
Sep 05
Is Shrenik (NSE:SHRENIK) Using Debt Sensibly?
Mar 28Is Shrenik (NSE:SHRENIK) A Risky Investment?
Dec 26Is Shrenik (NSE:SHRENIK) A Risky Investment?
Sep 09Shrenik (NSE:SHRENIK) Use Of Debt Could Be Considered Risky
Dec 14Does Shrenik (NSE:SHRENIK) Have A Healthy Balance Sheet?
Jul 26Recent updates
Is Shrenik (NSE:SHRENIK) A Risky Investment?
Sep 05Is Shrenik (NSE:SHRENIK) Using Debt Sensibly?
Mar 28Is Shrenik (NSE:SHRENIK) A Risky Investment?
Dec 26Is Shrenik (NSE:SHRENIK) A Risky Investment?
Sep 09Be Wary Of Shrenik (NSE:SHRENIK) And Its Returns On Capital
May 13Investors Could Be Concerned With Shrenik's (NSE:SHRENIK) Returns On Capital
Jan 26Shrenik (NSE:SHRENIK) Use Of Debt Could Be Considered Risky
Dec 14Investors Could Be Concerned With Shrenik's (NSE:SHRENIK) Returns On Capital
Oct 15Does Shrenik (NSE:SHRENIK) Have A Healthy Balance Sheet?
Jul 26Shrenik's (NSE:SHRENIK) Returns On Capital Not Reflecting Well On The Business
May 12What Makes Shrenik Limited (NSE:SHRENIK) A Great Dividend Stock?
Mar 25Should You Be Worried About Shrenik Limited's (NSE:SHRENIK) 1.5% Return On Equity?
Mar 07Here's Why Shrenik (NSE:SHRENIK) Is Weighed Down By Its Debt Load
Feb 15
Estimating The Intrinsic Value Of Shrenik Limited (NSE:SHRENIK)
Jan 28Is Shrenik (NSE:SHRENIK) Likely To Turn Things Around?
Jan 11Financial Position Analysis
Short Term Liabilities: SHRENIK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SHRENIK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SHRENIK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SHRENIK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 SHRENIK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SHRENIK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.7% per year.