Soni Medicare Balance Sheet Health
Financial Health criteria checks 4/6
Soni Medicare has a total shareholder equity of ₹34.2M and total debt of ₹84.2M, which brings its debt-to-equity ratio to 246.4%. Its total assets and total liabilities are ₹213.1M and ₹178.9M respectively.
Key information
246.4%
Debt to equity ratio
₹84.17m
Debt
Interest coverage ratio | n/a |
Cash | ₹9.25m |
Equity | ₹34.16m |
Total liabilities | ₹178.91m |
Total assets | ₹213.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539378's short term assets (₹130.5M) exceed its short term liabilities (₹124.3M).
Long Term Liabilities: 539378's short term assets (₹130.5M) exceed its long term liabilities (₹54.6M).
Debt to Equity History and Analysis
Debt Level: 539378's net debt to equity ratio (219.3%) is considered high.
Reducing Debt: 539378's debt to equity ratio has increased from 64.9% to 246.4% 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 539378 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 539378 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.3% per year.