Shukra Bullions Balance Sheet Health
Financial Health criteria checks 0/6
Shukra Bullions has a total shareholder equity of ₹12.2M and total debt of ₹27.7M, which brings its debt-to-equity ratio to 227.2%. Its total assets and total liabilities are ₹56.1M and ₹43.9M respectively. Shukra Bullions's EBIT is ₹52.1K making its interest coverage ratio 23.5. It has cash and short-term investments of ₹749.0K.
Key information
227.2%
Debt to equity ratio
₹27.66m
Debt
Interest coverage ratio | 23.5x |
Cash | ₹749.00k |
Equity | ₹12.17m |
Total liabilities | ₹43.95m |
Total assets | ₹56.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531506's short term assets (₹15.9M) do not cover its short term liabilities (₹16.3M).
Long Term Liabilities: 531506's short term assets (₹15.9M) do not cover its long term liabilities (₹27.7M).
Debt to Equity History and Analysis
Debt Level: 531506's net debt to equity ratio (221%) is considered high.
Reducing Debt: 531506's debt to equity ratio has increased from 90.1% to 227.2% 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: Insufficient data to determine if 531506 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 531506 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.