Indian Acrylics Balance Sheet Health
Financial Health criteria checks 3/6
Indian Acrylics has a total shareholder equity of ₹211.7M and total debt of ₹1.9B, which brings its debt-to-equity ratio to 884.3%. Its total assets and total liabilities are ₹3.7B and ₹3.5B respectively.
Key information
884.3%
Debt to equity ratio
₹1.87b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹86.43m |
| Equity | ₹211.68m |
| Total liabilities | ₹3.52b |
| Total assets | ₹3.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514165's short term assets (₹1.5B) do not cover its short term liabilities (₹2.0B).
Long Term Liabilities: 514165's short term assets (₹1.5B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 514165's net debt to equity ratio (843.5%) is considered high.
Reducing Debt: 514165's debt to equity ratio has increased from 147.9% to 884.3% 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 514165 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 514165 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.9% per year.