Jointeca Education Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Jointeca Education Solutions has a total shareholder equity of ₹68.1M and total debt of ₹11.3M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are ₹88.1M and ₹20.0M respectively.
Key information
16.6%
Debt to equity ratio
₹11.32m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹100.94k |
| Equity | ₹68.09m |
| Total liabilities | ₹20.04m |
| Total assets | ₹88.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534659's short term assets (₹3.2M) do not cover its short term liabilities (₹18.5M).
Long Term Liabilities: 534659's short term assets (₹3.2M) exceed its long term liabilities (₹1.5M).
Debt to Equity History and Analysis
Debt Level: 534659's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: 534659's debt to equity ratio has increased from 6.8% to 16.6% 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: 534659 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 534659 has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.2% each year.