VELS Film International Balance Sheet Health
Financial Health criteria checks 1/6
VELS Film International has a total shareholder equity of ₹99.1M and total debt of ₹1.5B, which brings its debt-to-equity ratio to 1477%. Its total assets and total liabilities are ₹2.4B and ₹2.3B respectively.
Key information
1,477.0%
Debt to equity ratio
₹1.46b
Debt
Interest coverage ratio | n/a |
Cash | ₹62.78m |
Equity | ₹99.11m |
Total liabilities | ₹2.29b |
Total assets | ₹2.39b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VELS's short term assets (₹1.1B) do not cover its short term liabilities (₹1.7B).
Long Term Liabilities: VELS's short term assets (₹1.1B) exceed its long term liabilities (₹563.7M).
Debt to Equity History and Analysis
Debt Level: VELS's net debt to equity ratio (1413.7%) is considered high.
Reducing Debt: Insufficient data to determine if VELS's debt to equity ratio has reduced 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: VELS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VELS has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.8% each year.