Advance Syntex Balance Sheet Health
Financial Health criteria checks 4/6
Advance Syntex has a total shareholder equity of ₹54.0M and total debt of ₹298.6M, which brings its debt-to-equity ratio to 552.4%. Its total assets and total liabilities are ₹378.3M and ₹324.2M respectively.
Key information
552.4%
Debt to equity ratio
₹298.55m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹735.00k |
| Equity | ₹54.05m |
| Total liabilities | ₹324.23m |
| Total assets | ₹378.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539982's short term assets (₹323.9M) exceed its short term liabilities (₹206.1M).
Long Term Liabilities: 539982's short term assets (₹323.9M) exceed its long term liabilities (₹118.1M).
Debt to Equity History and Analysis
Debt Level: 539982's net debt to equity ratio (551%) is considered high.
Reducing Debt: 539982's debt to equity ratio has increased from 155.3% to 552.4% 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 539982 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 539982 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.3% per year.