Millennium Online Solutions (India) Balance Sheet Health
Financial Health criteria checks 5/6
Millennium Online Solutions (India) has a total shareholder equity of ₹44.3M and total debt of ₹18.2M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are ₹61.7M and ₹17.5M respectively.
Key information
41.2%
Debt to equity ratio
₹18.23m
Debt
Interest coverage ratio | n/a |
Cash | ₹2.87m |
Equity | ₹44.26m |
Total liabilities | ₹17.46m |
Total assets | ₹61.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511187's short term assets (₹27.7M) exceed its short term liabilities (₹1.3M).
Long Term Liabilities: 511187's short term assets (₹27.7M) exceed its long term liabilities (₹16.1M).
Debt to Equity History and Analysis
Debt Level: 511187's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: 511187's debt to equity ratio has increased from 35.8% to 41.2% 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 27.3% per year.