Garware Synthetics Balance Sheet Health
Financial Health criteria checks 0/6
Garware Synthetics has a total shareholder equity of ₹-19.8M and total debt of ₹107.3M, which brings its debt-to-equity ratio to -542%. Its total assets and total liabilities are ₹145.7M and ₹165.5M respectively.
Key information
-542.0%
Debt to equity ratio
₹107.25m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.52m |
| Equity | -₹19.79m |
| Total liabilities | ₹165.50m |
| Total assets | ₹145.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514400 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 514400 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: 514400 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 514400's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 514400's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: Insufficient data to determine if 514400's interest payments on its debt are well covered by EBIT.