Super Fine Knitters Balance Sheet Health
Financial Health criteria checks 3/6
Super Fine Knitters has a total shareholder equity of ₹229.8M and total debt of ₹128.8M, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are ₹410.2M and ₹180.4M respectively. Super Fine Knitters's EBIT is ₹16.5M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹594.5K.
Key information
56.0%
Debt to equity ratio
₹128.78m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹594.48k |
Equity | ₹229.79m |
Total liabilities | ₹180.44m |
Total assets | ₹410.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540269's short term assets (₹298.3M) exceed its short term liabilities (₹88.9M).
Long Term Liabilities: 540269's short term assets (₹298.3M) exceed its long term liabilities (₹91.5M).
Debt to Equity History and Analysis
Debt Level: 540269's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: 540269's debt to equity ratio has reduced from 118.4% to 56% 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 540269 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 540269 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.