Future Market Networks Balance Sheet Health
Financial Health criteria checks 2/6
Future Market Networks has a total shareholder equity of ₹247.3M and total debt of ₹1.5B, which brings its debt-to-equity ratio to 600.9%. Its total assets and total liabilities are ₹3.7B and ₹3.5B respectively. Future Market Networks's EBIT is ₹119.7M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹75.4M.
Key information
600.9%
Debt to equity ratio
₹1.49b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹75.45m |
| Equity | ₹247.32m |
| Total liabilities | ₹3.48b |
| Total assets | ₹3.73b |
Recent financial health updates
Is Future Market Networks (NSE:FMNL) A Risky Investment?
Mar 03
Future Market Networks (NSE:FMNL) Takes On Some Risk With Its Use Of Debt
Jul 19Does Future Market Networks (NSE:FMNL) Have A Healthy Balance Sheet?
Jan 03Recent updates
Is Future Market Networks (NSE:FMNL) A Risky Investment?
Mar 03Revenues Working Against Future Market Networks Limited's (NSE:FMNL) Share Price Following 26% Dive
Mar 03Future Market Networks (NSE:FMNL) Takes On Some Risk With Its Use Of Debt
Jul 19Does Future Market Networks (NSE:FMNL) Have A Healthy Balance Sheet?
Jan 03We're Not So Sure You Should Rely on Future Market Networks's (NSE:FMNL) Statutory Earnings
Aug 31Market Still Lacking Some Conviction On Future Market Networks Limited (NSE:FMNL)
Jul 24Investors Aren't Entirely Convinced About Future Market Networks Limited's (NSE:FMNL) Earnings
Jul 06
Financial Position Analysis
Short Term Liabilities: FMNL's short term assets (₹892.8M) do not cover its short term liabilities (₹2.2B).
Long Term Liabilities: FMNL's short term assets (₹892.8M) do not cover its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: FMNL's net debt to equity ratio (570.4%) is considered high.
Reducing Debt: FMNL's debt to equity ratio has increased from 93.1% to 600.9% 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 FMNL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FMNL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.9% per year.