Visagar Financial Services Balance Sheet Health
Financial Health criteria checks 1/6
Visagar Financial Services has a total shareholder equity of ₹619.3M and total debt of ₹482.4M, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are ₹1.1B and ₹494.3M respectively.
Key information
77.9%
Debt to equity ratio
₹482.37m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹6.16m |
| Equity | ₹619.33m |
| Total liabilities | ₹494.27m |
| Total assets | ₹1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531025's short term assets (₹136.6M) exceed its short term liabilities (₹11.9M).
Long Term Liabilities: 531025's short term assets (₹136.6M) do not cover its long term liabilities (₹482.4M).
Debt to Equity History and Analysis
Debt Level: 531025's net debt to equity ratio (76.9%) is considered high.
Reducing Debt: 531025's debt to equity ratio has increased from 24.5% to 77.9% 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: 531025 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 531025 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.6% each year