Jointeca Education Solutions Balance Sheet Health
Financial Health criteria checks 1/6
Jointeca Education Solutions has a total shareholder equity of ₹74.4M and total debt of ₹10.9M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are ₹91.7M and ₹17.3M respectively.
Key information
14.6%
Debt to equity ratio
₹10.85m
Debt
Interest coverage ratio | n/a |
Cash | ₹129.00k |
Equity | ₹74.40m |
Total liabilities | ₹17.31m |
Total assets | ₹91.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534659's short term assets (₹2.6M) do not cover its short term liabilities (₹17.3M).
Long Term Liabilities: 534659's short term assets (₹2.6M) do not cover its long term liabilities (₹-28.0K).
Debt to Equity History and Analysis
Debt Level: 534659's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: 534659's debt to equity ratio has increased from 5.4% to 14.6% 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: Insufficient data to determine if 534659 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.