Turner Industries Balance Sheet Health
Financial Health criteria checks 1/6
Turner Industries has a total shareholder equity of ₹1.5M and total debt of ₹3.6M, which brings its debt-to-equity ratio to 243.5%. Its total assets and total liabilities are ₹5.1M and ₹3.6M respectively.
Key information
243.5%
Debt to equity ratio
₹3.59m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹88.00k |
| Equity | ₹1.47m |
| Total liabilities | ₹3.62m |
| Total assets | ₹5.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531164's short term assets (₹328.0K) do not cover its short term liabilities (₹3.6M).
Long Term Liabilities: 531164 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531164's net debt to equity ratio (237.6%) is considered high.
Reducing Debt: 531164's debt to equity ratio has increased from 15.4% to 243.5% 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: Insufficient data to determine if 531164 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 531164 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.