C.J. Gelatine Products Balance Sheet Health
Financial Health criteria checks 4/6
C.J. Gelatine Products has a total shareholder equity of ₹57.9M and total debt of ₹178.0M, which brings its debt-to-equity ratio to 307.5%. Its total assets and total liabilities are ₹314.0M and ₹256.1M respectively. C.J. Gelatine Products's EBIT is ₹17.0M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹18.0K.
Key information
307.5%
Debt to equity ratio
₹178.00m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹18.00k |
Equity | ₹57.88m |
Total liabilities | ₹256.10m |
Total assets | ₹313.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507515's short term assets (₹238.4M) exceed its short term liabilities (₹152.3M).
Long Term Liabilities: 507515's short term assets (₹238.4M) exceed its long term liabilities (₹103.8M).
Debt to Equity History and Analysis
Debt Level: 507515's net debt to equity ratio (307.5%) is considered high.
Reducing Debt: 507515's debt to equity ratio has increased from 54.4% to 307.5% 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 507515 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 507515 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.5% per year.