Mukta Arts Balance Sheet Health
Financial Health criteria checks 2/6
Mukta Arts has a total shareholder equity of ₹-106.1M and total debt of ₹720.5M, which brings its debt-to-equity ratio to -679.1%. Its total assets and total liabilities are ₹2.4B and ₹2.5B respectively.
Key information
-679.1%
Debt to equity ratio
₹720.47m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹128.92m |
| Equity | -₹106.09m |
| Total liabilities | ₹2.54b |
| Total assets | ₹2.44b |
Recent financial health updates
Does Mukta Arts (NSE:MUKTAARTS) Have A Healthy Balance Sheet?
Jul 30
Is Mukta Arts (NSE:MUKTAARTS) A Risky Investment?
Mar 01Is Mukta Arts (NSE:MUKTAARTS) Weighed On By Its Debt Load?
Nov 15Recent updates
It's Unlikely That Mukta Arts Limited's (NSE:MUKTAARTS) CEO Will See A Huge Pay Rise This Year
Sep 21The Return Trends At Mukta Arts (NSE:MUKTAARTS) Look Promising
Mar 22Calculating The Intrinsic Value Of Mukta Arts Limited (NSE:MUKTAARTS)
Aug 30Mukta Arts (NSE:MUKTAARTS) Is Looking To Continue Growing Its Returns On Capital
Jul 27Does Mukta Arts (NSE:MUKTAARTS) Have A Healthy Balance Sheet?
Jul 30Slowing Rates Of Return At Mukta Arts (NSE:MUKTAARTS) Leave Little Room For Excitement
May 27Is Mukta Arts (NSE:MUKTAARTS) A Risky Investment?
Mar 01What Can We Learn About Mukta Arts' (NSE:MUKTAARTS) CEO Compensation?
Jan 07Is Mukta Arts (NSE:MUKTAARTS) Weighed On By Its Debt Load?
Nov 15Key Things To Consider Before Buying Mukta Arts Limited (NSE:MUKTAARTS) For Its Dividend
Aug 18
Financial Position Analysis
Short Term Liabilities: MUKTAARTS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MUKTAARTS 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: MUKTAARTS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MUKTAARTS'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 MUKTAARTS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MUKTAARTS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.3% per year.