Source Industries (India) Balance Sheet Health
Financial Health criteria checks 5/6
Source Industries (India) has a total shareholder equity of ₹42.5M and total debt of ₹2.2M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ₹45.5M and ₹2.9M respectively.
Key information
5.1%
Debt to equity ratio
₹2.18m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹757.00k |
| Equity | ₹42.53m |
| Total liabilities | ₹2.94m |
| Total assets | ₹45.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521036's short term assets (₹28.5M) exceed its short term liabilities (₹760.0K).
Long Term Liabilities: 521036's short term assets (₹28.5M) exceed its long term liabilities (₹2.2M).
Debt to Equity History and Analysis
Debt Level: 521036's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 521036's debt to equity ratio has increased from 4.1% to 5.1% 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 521036 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 521036 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39% per year.