Hanman Fit Balance Sheet Health
Financial Health criteria checks 2/6
Hanman Fit has a total shareholder equity of ₹16.4M and total debt of ₹11.6M, which brings its debt-to-equity ratio to 70.8%. Its total assets and total liabilities are ₹40.2M and ₹23.8M respectively.
Key information
70.8%
Debt to equity ratio
₹11.61m
Debt
Interest coverage ratio | n/a |
Cash | ₹436.88k |
Equity | ₹16.40m |
Total liabilities | ₹23.76m |
Total assets | ₹40.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538731's short term assets (₹17.1M) exceed its short term liabilities (₹7.5M).
Long Term Liabilities: 538731's short term assets (₹17.1M) exceed its long term liabilities (₹16.3M).
Debt to Equity History and Analysis
Debt Level: 538731's net debt to equity ratio (68.1%) is considered high.
Reducing Debt: 538731's debt to equity ratio has increased from 28.8% to 70.8% 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: 538731 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 538731 has less than a year of cash runway if free cash flow continues to grow at historical rates of 47.6% each year.