Hit Kit Global Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Hit Kit Global Solutions has a total shareholder equity of ₹68.9M and total debt of ₹1.4M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₹75.7M and ₹6.8M respectively.
Key information
2.0%
Debt to equity ratio
₹1.35m
Debt
Interest coverage ratio | n/a |
Cash | ₹74.00k |
Equity | ₹68.85m |
Total liabilities | ₹6.84m |
Total assets | ₹75.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532359's short term assets (₹3.4M) exceed its short term liabilities (₹2.6M).
Long Term Liabilities: 532359's short term assets (₹3.4M) do not cover its long term liabilities (₹4.3M).
Debt to Equity History and Analysis
Debt Level: 532359's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 532359's debt to equity ratio has increased from 0% to 2% 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: 532359 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 532359 has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.8% each year.