Mihika Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mihika Industries has a total shareholder equity of ₹215.8M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹215.8M and ₹5.0K respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | n/a |
Cash | ₹3.24m |
Equity | ₹215.83m |
Total liabilities | ₹5.00k |
Total assets | ₹215.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538895's short term assets (₹205.2M) exceed its short term liabilities (₹5.0K).
Long Term Liabilities: 538895 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 538895 is debt free.
Reducing Debt: 538895 has not had any debt for 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 538895 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 538895 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.9% per year.