Shree Renuka Sugars Balance Sheet Health
Financial Health criteria checks 2/6
Shree Renuka Sugars has a total shareholder equity of ₹-11.9B and total debt of ₹52.0B, which brings its debt-to-equity ratio to -436.9%. Its total assets and total liabilities are ₹70.3B and ₹82.2B respectively. Shree Renuka Sugars's EBIT is ₹3.5B making its interest coverage ratio 0.4. It has cash and short-term investments of ₹1.5B.
Key information
-436.9%
Debt to equity ratio
₹51.98b
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₹1.49b |
| Equity | -₹11.90b |
| Total liabilities | ₹82.16b |
| Total assets | ₹70.27b |
Recent financial health updates
No updates
Recent updates
Many Still Looking Away From Shree Renuka Sugars Limited (NSE:RENUKA)
Jan 24
Returns Are Gaining Momentum At Shree Renuka Sugars (NSE:RENUKA)
Sep 15Calculating The Intrinsic Value Of Shree Renuka Sugars Limited (NSE:RENUKA)
Aug 18Take Care Before Diving Into The Deep End On Shree Renuka Sugars Limited (NSE:RENUKA)
Jul 22Shree Renuka Sugars (NSE:RENUKA) Might Have The Makings Of A Multi-Bagger
May 10Shree Renuka Sugars (NSE:RENUKA) Might Have The Makings Of A Multi-Bagger
Dec 23Investors Will Want Shree Renuka Sugars' (NSE:RENUKA) Growth In ROCE To Persist
Sep 21Shree Renuka Sugars (NSE:RENUKA) Shareholders Will Want The ROCE Trajectory To Continue
Jun 05Shree Renuka Sugars' (NSE:RENUKA) Returns On Capital Are Heading Higher
Feb 17Shree Renuka Sugars (NSE:RENUKA) Is Looking To Continue Growing Its Returns On Capital
Nov 02Shree Renuka Sugars (NSE:RENUKA) Is Experiencing Growth In Returns On Capital
Jul 29Shree Renuka Sugars (NSE:RENUKA) Might Have The Makings Of A Multi-Bagger
Apr 16What Type Of Shareholders Own The Most Number of Shree Renuka Sugars Limited (NSE:RENUKA) Shares?
Mar 11Shree Renuka Sugars (NSE:RENUKA) Share Prices Have Dropped 36% In The Last Three Years
Feb 04Will The ROCE Trend At Shree Renuka Sugars (NSE:RENUKA) Continue?
Dec 31Could The Shree Renuka Sugars Limited (NSE:RENUKA) Ownership Structure Tell Us Something Useful?
Sep 20Shree Renuka Sugars' (NSE:RENUKA) Shareholders Are Down 51% On Their Shares
Jul 29
Financial Position Analysis
Short Term Liabilities: RENUKA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RENUKA 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: RENUKA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RENUKA'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 RENUKA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RENUKA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.9% per year.