Shri Niwas Leasing & Finance Balance Sheet Health
Financial Health criteria checks 3/6
Shri Niwas Leasing & Finance has a total shareholder equity of ₹22.1M and total debt of ₹2.7M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are ₹37.1M and ₹14.9M respectively.
Key information
12.0%
Debt to equity ratio
₹2.67m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹398.10k |
| Equity | ₹22.14m |
| Total liabilities | ₹14.93m |
| Total assets | ₹37.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538897's short term assets (₹36.7M) exceed its short term liabilities (₹12.3M).
Long Term Liabilities: 538897's short term assets (₹36.7M) exceed its long term liabilities (₹2.7M).
Debt to Equity History and Analysis
Debt Level: 538897's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: 538897's debt to equity ratio has increased from 0% to 12% 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: 538897 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 538897 has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.1% each year.