Transgene Biotek Balance Sheet Health
Financial Health criteria checks 2/6
Transgene Biotek has a total shareholder equity of ₹111.0M and total debt of ₹135.7M, which brings its debt-to-equity ratio to 122.2%. Its total assets and total liabilities are ₹1.4B and ₹1.3B respectively.
Key information
122.2%
Debt to equity ratio
₹135.66m
Debt
Interest coverage ratio | n/a |
Cash | ₹105.08k |
Equity | ₹110.97m |
Total liabilities | ₹1.31b |
Total assets | ₹1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526139's short term assets (₹9.6M) do not cover its short term liabilities (₹107.7M).
Long Term Liabilities: 526139's short term assets (₹9.6M) do not cover its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 526139's net debt to equity ratio (122.1%) is considered high.
Reducing Debt: 526139's debt to equity ratio has increased from 20.3% to 122.2% 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 526139 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 526139 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 64.3% per year.