Gujarat Hy-Spin Balance Sheet Health
Financial Health criteria checks 5/6
Gujarat Hy-Spin has a total shareholder equity of ₹176.6M and total debt of ₹103.8M, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are ₹327.5M and ₹150.9M respectively.
Key information
58.8%
Debt to equity ratio
₹103.84m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹56.00k |
| Equity | ₹176.57m |
| Total liabilities | ₹150.89m |
| Total assets | ₹327.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540938's short term assets (₹184.9M) exceed its short term liabilities (₹147.0M).
Long Term Liabilities: 540938's short term assets (₹184.9M) exceed its long term liabilities (₹3.9M).
Debt to Equity History and Analysis
Debt Level: 540938's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: 540938's debt to equity ratio has reduced from 163.2% to 58.8% 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 540938 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 540938 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.9% per year.