Agarwal Fortune India Balance Sheet Health
Financial Health criteria checks 4/6
Agarwal Fortune India has a total shareholder equity of ₹4.3M and total debt of ₹1.3M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are ₹7.9M and ₹3.6M respectively. Agarwal Fortune India's EBIT is ₹66.0K making its interest coverage ratio -66. It has cash and short-term investments of ₹374.0K.
Key information
28.9%
Debt to equity ratio
₹1.25m
Debt
| Interest coverage ratio | -66x |
| Cash | ₹374.00k |
| Equity | ₹4.34m |
| Total liabilities | ₹3.55m |
| Total assets | ₹7.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530765's short term assets (₹7.6M) exceed its short term liabilities (₹3.6M).
Long Term Liabilities: 530765 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 530765's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: 530765's debt to equity ratio has reduced from 158.9% to 28.9% 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: 530765 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 530765 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.5% each year