Millennium Online Solutions (India) Balance Sheet Health
Financial Health criteria checks 5/6
Millennium Online Solutions (India) has a total shareholder equity of ₹41.5M and total debt of ₹17.1M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are ₹56.0M and ₹14.5M respectively.
Key information
41.3%
Debt to equity ratio
₹17.14m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.87m |
| Equity | ₹41.47m |
| Total liabilities | ₹14.50m |
| Total assets | ₹55.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511187's short term assets (₹23.1M) exceed its short term liabilities (₹63.0K).
Long Term Liabilities: 511187's short term assets (₹23.1M) exceed its long term liabilities (₹14.4M).
Debt to Equity History and Analysis
Debt Level: 511187's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: 511187's debt to equity ratio has increased from 35.5% to 41.3% 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 511187 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 511187 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18% per year.