Aksh Optifibre Balance Sheet Health
Financial Health criteria checks 3/6
Aksh Optifibre has a total shareholder equity of ₹404.7M and total debt of ₹854.1M, which brings its debt-to-equity ratio to 211%. Its total assets and total liabilities are ₹3.3B and ₹2.9B respectively.
Key information
211.0%
Debt to equity ratio
₹854.08m
Debt
Interest coverage ratio | n/a |
Cash | ₹37.87m |
Equity | ₹404.70m |
Total liabilities | ₹2.92b |
Total assets | ₹3.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532351's short term assets (₹2.0B) do not cover its short term liabilities (₹2.7B).
Long Term Liabilities: 532351's short term assets (₹2.0B) exceed its long term liabilities (₹232.7M).
Debt to Equity History and Analysis
Debt Level: 532351's net debt to equity ratio (201.7%) is considered high.
Reducing Debt: 532351's debt to equity ratio has increased from 62.8% to 211% 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 532351 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 532351 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.4% per year.