Ankit Metal & Power Balance Sheet Health
Financial Health criteria checks 2/6
Ankit Metal & Power has a total shareholder equity of ₹-10.3B and total debt of ₹11.0B, which brings its debt-to-equity ratio to -107%. Its total assets and total liabilities are ₹11.8B and ₹22.1B respectively.
Key information
-107.0%
Debt to equity ratio
₹11.05b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹10.98m |
| Equity | -₹10.32b |
| Total liabilities | ₹22.10b |
| Total assets | ₹11.78b |
Recent financial health updates
No updates
Recent updates
Market Might Still Lack Some Conviction On Ankit Metal & Power Limited (NSE:ANKITMETAL) Even After 112% Share Price Boost
Sep 22
Investors Still Aren't Entirely Convinced By Ankit Metal & Power Limited's (NSE:ANKITMETAL) Revenues Despite 112% Price Jump
Sep 22Calculating The Intrinsic Value Of Ankit Metal & Power Limited (NSE:ANKITMETAL)
Jun 05Here's What We Think About Ankit Metal & Power's (NSE:ANKITMETAL) CEO Pay
Dec 05Financial Position Analysis
Short Term Liabilities: ANKITMETAL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ANKITMETAL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ANKITMETAL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ANKITMETAL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 ANKITMETAL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ANKITMETAL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 32.1% per year.