Gravity (India) Balance Sheet Health
Financial Health criteria checks 2/6
Gravity (India) has a total shareholder equity of ₹40.7M and total debt of ₹26.8M, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are ₹75.7M and ₹35.0M respectively.
Key information
65.9%
Debt to equity ratio
₹26.82m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹812.00k |
| Equity | ₹40.68m |
| Total liabilities | ₹35.01m |
| Total assets | ₹75.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532015's short term assets (₹30.8M) exceed its short term liabilities (₹25.1M).
Long Term Liabilities: 532015's short term assets (₹30.8M) exceed its long term liabilities (₹9.9M).
Debt to Equity History and Analysis
Debt Level: 532015's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: 532015's debt to equity ratio has increased from 14% to 65.9% 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: 532015 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 532015 has less than a year of cash runway if free cash flow continues to grow at historical rates of 32.4% each year.