Velan Hotels Balance Sheet Health
Financial Health criteria checks 2/6
Velan Hotels has a total shareholder equity of ₹61.0M and total debt of ₹520.2M, which brings its debt-to-equity ratio to 852.5%. Its total assets and total liabilities are ₹647.0M and ₹586.0M respectively.
Key information
852.5%
Debt to equity ratio
₹520.25m
Debt
Interest coverage ratio | n/a |
Cash | ₹20.00k |
Equity | ₹61.03m |
Total liabilities | ₹585.96m |
Total assets | ₹646.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526755's short term assets (₹1.8M) do not cover its short term liabilities (₹3.5M).
Long Term Liabilities: 526755's short term assets (₹1.8M) do not cover its long term liabilities (₹582.5M).
Debt to Equity History and Analysis
Debt Level: 526755's net debt to equity ratio (852.4%) is considered high.
Reducing Debt: 526755's debt to equity ratio has increased from 684.2% to 852.5% 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 526755 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 526755 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.8% per year.