Anka India Balance Sheet Health
Financial Health criteria checks 2/6
Anka India has a total shareholder equity of ₹46.8M and total debt of ₹71.5M, which brings its debt-to-equity ratio to 152.9%. Its total assets and total liabilities are ₹144.5M and ₹97.7M respectively.
Key information
152.9%
Debt to equity ratio
₹71.53m
Debt
Interest coverage ratio | n/a |
Cash | ₹774.00k |
Equity | ₹46.78m |
Total liabilities | ₹97.71m |
Total assets | ₹144.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531673's short term assets (₹7.3M) do not cover its short term liabilities (₹97.5M).
Long Term Liabilities: 531673's short term assets (₹7.3M) exceed its long term liabilities (₹225.0K).
Debt to Equity History and Analysis
Debt Level: 531673's net debt to equity ratio (151.3%) is considered high.
Reducing Debt: 531673 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 531673 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 531673 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19% each year