Suryavanshi Spinning Mills Balance Sheet Health
Financial Health criteria checks 0/6
Suryavanshi Spinning Mills has a total shareholder equity of ₹-120.2M and total debt of ₹188.1M, which brings its debt-to-equity ratio to -156.5%. Its total assets and total liabilities are ₹215.6M and ₹335.8M respectively.
Key information
-156.5%
Debt to equity ratio
₹188.10m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹557.00k |
| Equity | -₹120.19m |
| Total liabilities | ₹335.79m |
| Total assets | ₹215.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514140 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 514140 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: 514140 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 514140's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 514140's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 514140's interest payments on its debt are well covered by EBIT.