Glittek Granites Balance Sheet Health
Financial Health criteria checks 4/6
Glittek Granites has a total shareholder equity of ₹49.6M and total debt of ₹202.9M, which brings its debt-to-equity ratio to 408.9%. Its total assets and total liabilities are ₹268.9M and ₹219.3M respectively.
Key information
408.9%
Debt to equity ratio
₹202.88m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹265.00k |
| Equity | ₹49.62m |
| Total liabilities | ₹219.31m |
| Total assets | ₹268.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513528's short term assets (₹219.6M) exceed its short term liabilities (₹173.6M).
Long Term Liabilities: 513528's short term assets (₹219.6M) exceed its long term liabilities (₹45.7M).
Debt to Equity History and Analysis
Debt Level: 513528's net debt to equity ratio (408.4%) is considered high.
Reducing Debt: 513528's debt to equity ratio has increased from 95.4% to 408.9% 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 513528 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 513528 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11% per year.