Yarn Syndicate Balance Sheet Health
Financial Health criteria checks 4/6
Yarn Syndicate has a total shareholder equity of ₹226.7M and total debt of ₹36.2M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are ₹291.2M and ₹64.5M respectively. Yarn Syndicate's EBIT is ₹12.2M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹9.2M.
Key information
16.0%
Debt to equity ratio
₹36.17m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹9.21m |
| Equity | ₹226.72m |
| Total liabilities | ₹64.49m |
| Total assets | ₹291.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514378's short term assets (₹98.2M) exceed its short term liabilities (₹64.5M).
Long Term Liabilities: 514378 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 514378's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: 514378's debt to equity ratio has reduced from 478.8% to 16% 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: Insufficient data to determine if 514378 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 514378 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.