Shree Renuka Sugars Limited

BSE:532670 Stock Report

Market Cap: ₹104.6b

Shree Renuka Sugars Balance Sheet Health

Financial Health criteria checks 2/6

Shree Renuka Sugars has a total shareholder equity of ₹-14.4B and total debt of ₹57.7B, which brings its debt-to-equity ratio to -401.6%. Its total assets and total liabilities are ₹101.7B and ₹116.1B respectively. Shree Renuka Sugars's EBIT is ₹4.4B making its interest coverage ratio 0.5. It has cash and short-term investments of ₹536.0M.

Key information

-401.6%

Debt to equity ratio

₹57.73b

Debt

Interest coverage ratio0.5x
Cash₹536.00m
Equity-₹14.37b
Total liabilities₹116.08b
Total assets₹101.71b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 532670 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 532670 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 532670 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 532670's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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 532670 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 532670 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.6% per year.


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.