G-Tec Jainx Education Balance Sheet Health
Financial Health criteria checks 5/6
G-Tec Jainx Education has a total shareholder equity of ₹47.4M and total debt of ₹5.0M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are ₹70.2M and ₹22.7M respectively. G-Tec Jainx Education's EBIT is ₹195.0K making its interest coverage ratio -65. It has cash and short-term investments of ₹3.8M.
Key information
10.5%
Debt to equity ratio
₹5.00m
Debt
| Interest coverage ratio | -65x |
| Cash | ₹3.84m |
| Equity | ₹47.43m |
| Total liabilities | ₹22.73m |
| Total assets | ₹70.15m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GTECJAINX's short term assets (₹53.9M) exceed its short term liabilities (₹17.7M).
Long Term Liabilities: GTECJAINX's short term assets (₹53.9M) exceed its long term liabilities (₹5.0M).
Debt to Equity History and Analysis
Debt Level: GTECJAINX's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: GTECJAINX's debt to equity ratio has increased from 0% to 10.5% 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: GTECJAINX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GTECJAINX has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 48.1% each year.