Turner Industries Balance Sheet Health
Financial Health criteria checks 3/6
Turner Industries has a total shareholder equity of ₹1.6M and total debt of ₹3.4M, which brings its debt-to-equity ratio to 212.2%. Its total assets and total liabilities are ₹5.1M and ₹3.5M respectively.
Key information
212.2%
Debt to equity ratio
₹3.44m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹88.00k |
| Equity | ₹1.62m |
| Total liabilities | ₹3.47m |
| 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 (₹3.5M).
Long Term Liabilities: 531164 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531164's net debt to equity ratio (206.7%) is considered high.
Reducing Debt: 531164's debt to equity ratio has increased from 8.9% to 212.2% 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 531164 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 531164 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 40.8% per year.