Ajel Balance Sheet Health
Financial Health criteria checks 5/6
Ajel has a total shareholder equity of ₹150.4M and total debt of ₹53.5M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are ₹291.9M and ₹141.6M respectively.
Key information
35.6%
Debt to equity ratio
₹53.52m
Debt
Interest coverage ratio | n/a |
Cash | ₹3.04m |
Equity | ₹150.39m |
Total liabilities | ₹141.55m |
Total assets | ₹291.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530713's short term assets (₹197.5M) exceed its short term liabilities (₹58.2M).
Long Term Liabilities: 530713's short term assets (₹197.5M) exceed its long term liabilities (₹83.3M).
Debt to Equity History and Analysis
Debt Level: 530713's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 530713's debt to equity ratio has increased from 31.2% to 35.6% 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 530713 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 530713 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.8% per year.