Orissa Minerals Development Balance Sheet Health
Financial Health criteria checks 2/6
Orissa Minerals Development has a total shareholder equity of ₹-257.9M and total debt of ₹973.3M, which brings its debt-to-equity ratio to -377.4%. Its total assets and total liabilities are ₹3.9B and ₹4.2B respectively.
Key information
-377.4%
Debt to equity ratio
₹973.31m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹723.40m |
| Equity | -₹257.91m |
| Total liabilities | ₹4.16b |
| Total assets | ₹3.90b |
Recent financial health updates
Recent updates
Orissa Minerals Development (NSE:ORISSAMINE) Has A Pretty Healthy Balance Sheet
Jul 23
Investors Will Want Orissa Minerals Development's (NSE:ORISSAMINE) Growth In ROCE To Persist
Jun 17We Like These Underlying Return On Capital Trends At Orissa Minerals Development (NSE:ORISSAMINE)
Feb 25Could The The Orissa Minerals Development Company Limited (NSE:ORISSAMINE) Ownership Structure Tell Us Something Useful?
Jan 11What Kind Of Investors Own Most Of The Orissa Minerals Development Company Limited (NSE:ORISSAMINE)?
Sep 29
Financial Position Analysis
Short Term Liabilities: ORISSAMINE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ORISSAMINE 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: ORISSAMINE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ORISSAMINE'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 ORISSAMINE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ORISSAMINE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.5% per year.