Aarvee Denims and Exports Balance Sheet Health
Financial Health criteria checks 3/6
Aarvee Denims and Exports has a total shareholder equity of ₹172.0M and total debt of ₹2.8B, which brings its debt-to-equity ratio to 1614.5%. Its total assets and total liabilities are ₹4.4B and ₹4.2B respectively.
Key information
1,614.5%
Debt to equity ratio
₹2.78b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.21m |
| Equity | ₹171.98m |
| Total liabilities | ₹4.21b |
| Total assets | ₹4.38b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514274's short term assets (₹1.9B) do not cover its short term liabilities (₹2.8B).
Long Term Liabilities: 514274's short term assets (₹1.9B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 514274's net debt to equity ratio (1613.2%) is considered high.
Reducing Debt: 514274's debt to equity ratio has increased from 159% to 1614.5% 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 514274 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 514274 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.9% per year.