Algoquant Fintech Balance Sheet Health
Financial Health criteria checks 2/6
Algoquant Fintech has a total shareholder equity of ₹352.2M and total debt of ₹245.2M, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are ₹668.0M and ₹315.8M respectively.
Key information
69.6%
Debt to equity ratio
₹245.22m
Debt
Interest coverage ratio | n/a |
Cash | ₹87.43m |
Equity | ₹352.18m |
Total liabilities | ₹315.81m |
Total assets | ₹667.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505725's short term assets (₹588.8M) exceed its short term liabilities (₹310.7M).
Long Term Liabilities: 505725's short term assets (₹588.8M) exceed its long term liabilities (₹5.1M).
Debt to Equity History and Analysis
Debt Level: 505725's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: 505725's debt to equity ratio has increased from 0% to 69.6% 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: Insufficient data to determine if 505725 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 505725 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.