VXL Instruments Balance Sheet Health
Financial Health criteria checks 4/6
VXL Instruments has a total shareholder equity of ₹29.6M and total debt of ₹19.4M, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are ₹122.5M and ₹92.8M respectively.
Key information
65.5%
Debt to equity ratio
₹19.39m
Debt
Interest coverage ratio | n/a |
Cash | ₹6.06m |
Equity | ₹29.61m |
Total liabilities | ₹92.85m |
Total assets | ₹122.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517399's short term assets (₹114.8M) exceed its short term liabilities (₹69.4M).
Long Term Liabilities: 517399's short term assets (₹114.8M) exceed its long term liabilities (₹23.5M).
Debt to Equity History and Analysis
Debt Level: 517399's net debt to equity ratio (45%) is considered high.
Reducing Debt: 517399's debt to equity ratio has increased from 28.9% to 65.5% 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: 517399 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 517399 has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 41% each year.