Morarjee Textiles Balance Sheet Health
Financial Health criteria checks 2/6
Morarjee Textiles has a total shareholder equity of ₹-3.4B and total debt of ₹5.2B, which brings its debt-to-equity ratio to -152.1%. Its total assets and total liabilities are ₹4.6B and ₹8.1B respectively.
Key information
-152.1%
Debt to equity ratio
₹5.22b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹21.30m |
| Equity | -₹3.43b |
| Total liabilities | ₹8.06b |
| Total assets | ₹4.63b |
Recent financial health updates
Recent updates
Morarjee Textiles Limited (NSE:MORARJEE) Stock Rockets 41% As Investors Are Less Pessimistic Than Expected
Jan 20
Risks To Shareholder Returns Are Elevated At These Prices For Morarjee Textiles Limited (NSE:MORARJEE)
Oct 28What Does Morarjee Textiles' (NSE:MORARJEE) CEO Pay Reveal?
Feb 11Read This Before Selling Morarjee Textiles Limited (NSE:MORARJEE) Shares
Jan 04
Does Morarjee Textiles (NSE:MORARJEE) Have A Healthy Balance Sheet?
Nov 12Should We Be Excited About The Trends Of Returns At Morarjee Textiles (NSE:MORARJEE)?
Jul 23Financial Position Analysis
Short Term Liabilities: MORARJEE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MORARJEE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MORARJEE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MORARJEE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 MORARJEE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MORARJEE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 33.6% per year.