Indong Tea Balance Sheet Health
Financial Health criteria checks 3/6
Indong Tea has a total shareholder equity of ₹519.1M and total debt of ₹105.5M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are ₹694.6M and ₹175.4M respectively. Indong Tea's EBIT is ₹4.8M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹1.4M.
Key information
20.3%
Debt to equity ratio
₹105.48m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₹1.38m |
| Equity | ₹519.15m |
| Total liabilities | ₹175.41m |
| Total assets | ₹694.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543769's short term assets (₹91.9M) do not cover its short term liabilities (₹100.4M).
Long Term Liabilities: 543769's short term assets (₹91.9M) exceed its long term liabilities (₹75.0M).
Debt to Equity History and Analysis
Debt Level: 543769's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 543769's debt to equity ratio has reduced from 103% to 20.3% 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: 543769 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 543769 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.3% each year