Ace Engitech Balance Sheet Health
Financial Health criteria checks 4/6
Ace Engitech has a total shareholder equity of ₹6.2M and total debt of ₹3.4M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are ₹10.6M and ₹4.4M respectively.
Key information
54.7%
Debt to equity ratio
₹3.41m
Debt
Interest coverage ratio | n/a |
Cash | ₹348.00k |
Equity | ₹6.24m |
Total liabilities | ₹4.41m |
Total assets | ₹10.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530669's short term assets (₹3.6M) exceed its short term liabilities (₹993.0K).
Long Term Liabilities: 530669's short term assets (₹3.6M) exceed its long term liabilities (₹3.4M).
Debt to Equity History and Analysis
Debt Level: 530669's net debt to equity ratio (49.1%) is considered high.
Reducing Debt: 530669's debt to equity ratio has increased from 0% to 54.7% 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 530669 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 530669 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.3% per year.