Konark Synthetic Balance Sheet Health
Financial Health criteria checks 5/6
Konark Synthetic has a total shareholder equity of ₹67.7M and total debt of ₹304.2M, which brings its debt-to-equity ratio to 449.4%. Its total assets and total liabilities are ₹519.3M and ₹451.6M respectively. Konark Synthetic's EBIT is ₹21.6M making its interest coverage ratio 1. It has cash and short-term investments of ₹1.0M.
Key information
449.4%
Debt to equity ratio
₹304.17m
Debt
| Interest coverage ratio | 1x |
| Cash | ₹1.03m |
| Equity | ₹67.69m |
| Total liabilities | ₹451.63m |
| Total assets | ₹519.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514128's short term assets (₹459.3M) exceed its short term liabilities (₹400.8M).
Long Term Liabilities: 514128's short term assets (₹459.3M) exceed its long term liabilities (₹50.8M).
Debt to Equity History and Analysis
Debt Level: 514128's net debt to equity ratio (447.8%) is considered high.
Reducing Debt: 514128's debt to equity ratio has reduced from 3396.8% to 449.4% 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 514128 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 514128 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.7% per year.