Tulasee Bio-Ethanol Balance Sheet Health
Financial Health criteria checks 3/6
Tulasee Bio-Ethanol has a total shareholder equity of ₹8.5M and total debt of ₹72.1M, which brings its debt-to-equity ratio to 845.5%. Its total assets and total liabilities are ₹83.9M and ₹75.4M respectively.
Key information
845.5%
Debt to equity ratio
₹72.13m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹88.00k |
| Equity | ₹8.53m |
| Total liabilities | ₹75.42m |
| Total assets | ₹83.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524514's short term assets (₹35.4M) exceed its short term liabilities (₹3.3M).
Long Term Liabilities: 524514's short term assets (₹35.4M) do not cover its long term liabilities (₹72.1M).
Debt to Equity History and Analysis
Debt Level: 524514's net debt to equity ratio (844.5%) is considered high.
Reducing Debt: 524514's debt to equity ratio has increased from 696.6% to 845.5% 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 524514 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 524514 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.7% per year.