Ador Multiproducts Balance Sheet Health
Financial Health criteria checks 4/6
Ador Multiproducts has a total shareholder equity of ₹50.8M and total debt of ₹8.9M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are ₹71.1M and ₹20.3M respectively. Ador Multiproducts's EBIT is ₹9.9M making its interest coverage ratio 23.9. It has cash and short-term investments of ₹48.0K.
Key information
17.4%
Debt to equity ratio
₹8.86m
Debt
| Interest coverage ratio | 23.9x |
| Cash | ₹48.00k |
| Equity | ₹50.80m |
| Total liabilities | ₹20.28m |
| Total assets | ₹71.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523120's short term assets (₹35.0M) exceed its short term liabilities (₹16.9M).
Long Term Liabilities: 523120's short term assets (₹35.0M) exceed its long term liabilities (₹3.4M).
Debt to Equity History and Analysis
Debt Level: 523120's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 523120's debt to equity ratio has reduced from 31.3% to 17.4% 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: 523120 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 523120 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.8% each year