Goenka Business & Finance Balance Sheet Health
Financial Health criteria checks 4/6
Goenka Business & Finance has a total shareholder equity of ₹291.5M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.5B and ₹1.2B respectively. Goenka Business & Finance's EBIT is ₹91.6M making its interest coverage ratio 1. It has cash and short-term investments of ₹2.2M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 1x |
Cash | ₹2.19m |
Equity | ₹291.55m |
Total liabilities | ₹1.22b |
Total assets | ₹1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538787's short term assets (₹1.5B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 538787's short term assets (₹1.5B) exceed its long term liabilities (₹1.3M).
Debt to Equity History and Analysis
Debt Level: 538787 is debt free.
Reducing Debt: 538787 has no debt compared to 5 years ago when its debt to equity ratio was 113.7%.
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: Insufficient data to determine if 538787 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 538787 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.