Katare Spinning Mills Balance Sheet Health
Financial Health criteria checks 4/6
Katare Spinning Mills has a total shareholder equity of ₹1.2B and total debt of ₹37.3M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ₹1.2B and ₹50.5M respectively.
Key information
3.1%
Debt to equity ratio
₹37.32m
Debt
Interest coverage ratio | n/a |
Cash | ₹639.00k |
Equity | ₹1.19b |
Total liabilities | ₹50.52m |
Total assets | ₹1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502933's short term assets (₹49.1M) exceed its short term liabilities (₹38.5M).
Long Term Liabilities: 502933's short term assets (₹49.1M) exceed its long term liabilities (₹12.0M).
Debt to Equity History and Analysis
Debt Level: 502933's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 502933's debt to equity ratio has reduced from 1013.8% to 3.1% 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: Insufficient data to determine if 502933 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 502933 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.