Mystic Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Mystic Electronics has a total shareholder equity of ₹281.8M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹282.0M and ₹182.9K respectively. Mystic Electronics's EBIT is ₹2.8M making its interest coverage ratio -0.4. It has cash and short-term investments of ₹6.2M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -0.4x |
| Cash | ₹6.22m |
| Equity | ₹281.84m |
| Total liabilities | ₹182.90k |
| Total assets | ₹282.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 535205's short term assets (₹85.7M) exceed its short term liabilities (₹153.4K).
Long Term Liabilities: 535205's short term assets (₹85.7M) exceed its long term liabilities (₹29.5K).
Debt to Equity History and Analysis
Debt Level: 535205 is debt free.
Reducing Debt: 535205 has no debt compared to 5 years ago when its debt to equity ratio was 9.3%.
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: 535205 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 535205 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.4% each year