Asit C. Mehta Financial Services Balance Sheet Health
Financial Health criteria checks 3/6
Asit C. Mehta Financial Services has a total shareholder equity of ₹319.6M and total debt of ₹1.0B, which brings its debt-to-equity ratio to 319.1%. Its total assets and total liabilities are ₹2.1B and ₹1.8B respectively.
Key information
319.1%
Debt to equity ratio
₹1.02b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹476.77m |
| Equity | ₹319.56m |
| Total liabilities | ₹1.81b |
| Total assets | ₹2.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530723's short term assets (₹1.2B) do not cover its short term liabilities (₹1.2B).
Long Term Liabilities: 530723's short term assets (₹1.2B) exceed its long term liabilities (₹595.1M).
Debt to Equity History and Analysis
Debt Level: 530723's net debt to equity ratio (169.9%) is considered high.
Reducing Debt: 530723's debt to equity ratio has increased from 268.9% to 319.1% 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 530723 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 530723 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.2% per year.