Charms Industries Balance Sheet Health
Financial Health criteria checks 3/6
Charms Industries has a total shareholder equity of ₹946.0K and total debt of ₹4.0M, which brings its debt-to-equity ratio to 425.5%. Its total assets and total liabilities are ₹6.7M and ₹5.7M respectively.
Key information
425.5%
Debt to equity ratio
₹4.03m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.54m |
| Equity | ₹946.00k |
| Total liabilities | ₹5.74m |
| Total assets | ₹6.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531327's short term assets (₹2.9M) do not cover its short term liabilities (₹5.7M).
Long Term Liabilities: 531327's short term assets (₹2.9M) exceed its long term liabilities (₹49.0K).
Debt to Equity History and Analysis
Debt Level: 531327's net debt to equity ratio (262.9%) is considered high.
Reducing Debt: 531327's debt to equity ratio has increased from 0% to 425.5% 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 531327 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 531327 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16% per year.