Neelkanth Balance Sheet Health
Financial Health criteria checks 6/6
Neelkanth has a total shareholder equity of ₹92.3M and total debt of ₹6.2M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ₹100.1M and ₹7.8M respectively. Neelkanth's EBIT is ₹347.0K making its interest coverage ratio 0.3. It has cash and short-term investments of ₹5.3M.
Key information
6.7%
Debt to equity ratio
₹6.20m
Debt
Interest coverage ratio | 0.3x |
Cash | ₹5.31m |
Equity | ₹92.33m |
Total liabilities | ₹7.80m |
Total assets | ₹100.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512565's short term assets (₹85.4M) exceed its short term liabilities (₹3.6M).
Long Term Liabilities: 512565's short term assets (₹85.4M) exceed its long term liabilities (₹4.2M).
Debt to Equity History and Analysis
Debt Level: 512565's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: 512565's debt to equity ratio has reduced from 153.3% to 6.7% 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 512565 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 512565 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.5% per year.