Sri Nachammai Cotton Mills Balance Sheet Health
Financial Health criteria checks 2/6
Sri Nachammai Cotton Mills has a total shareholder equity of ₹178.6M and total debt of ₹408.1M, which brings its debt-to-equity ratio to 228.4%. Its total assets and total liabilities are ₹913.5M and ₹734.9M respectively.
Key information
228.4%
Debt to equity ratio
₹408.07m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹10.46m |
| Equity | ₹178.64m |
| Total liabilities | ₹734.86m |
| Total assets | ₹913.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521234's short term assets (₹440.5M) exceed its short term liabilities (₹240.2M).
Long Term Liabilities: 521234's short term assets (₹440.5M) do not cover its long term liabilities (₹494.6M).
Debt to Equity History and Analysis
Debt Level: 521234's net debt to equity ratio (222.6%) is considered high.
Reducing Debt: 521234's debt to equity ratio has reduced from 301.3% to 228.4% 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: 521234 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 521234 has less than a year of cash runway if free cash flow continues to grow at historical rates of 15% each year.