Charms Industries Balance Sheet Health
Financial Health criteria checks 1/6
Charms Industries has a total shareholder equity of ₹3.0M and total debt of ₹3.4M, which brings its debt-to-equity ratio to 113.4%. Its total assets and total liabilities are ₹7.3M and ₹4.3M respectively.
Key information
113.4%
Debt to equity ratio
₹3.43m
Debt
Interest coverage ratio | n/a |
Cash | ₹558.00k |
Equity | ₹3.02m |
Total liabilities | ₹4.27m |
Total assets | ₹7.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531327's short term assets (₹3.5M) do not cover its short term liabilities (₹4.2M).
Long Term Liabilities: 531327's short term assets (₹3.5M) exceed its long term liabilities (₹54.0K).
Debt to Equity History and Analysis
Debt Level: 531327's net debt to equity ratio (95%) is considered high.
Reducing Debt: 531327's debt to equity ratio has increased from 0% to 113.4% 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: 531327 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 531327 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.1% each year