GTN Industries Balance Sheet Health
Financial Health criteria checks 6/6
GTN Industries has a total shareholder equity of ₹870.8M and total debt of ₹307.6M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are ₹1.4B and ₹486.0M respectively.
Key information
35.3%
Debt to equity ratio
₹307.56m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹197.32m |
| Equity | ₹870.82m |
| Total liabilities | ₹485.98m |
| Total assets | ₹1.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500170's short term assets (₹763.4M) exceed its short term liabilities (₹211.4M).
Long Term Liabilities: 500170's short term assets (₹763.4M) exceed its long term liabilities (₹274.6M).
Debt to Equity History and Analysis
Debt Level: 500170's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 500170's debt to equity ratio has reduced from 316.2% to 35.3% 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: Whilst unprofitable 500170 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 500170 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.9% per year.