Mystic Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Mystic Electronics has a total shareholder equity of ₹288.6M and total debt of ₹12.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ₹300.7M and ₹12.1M respectively. Mystic Electronics's EBIT is ₹37.5M making its interest coverage ratio -8.8. It has cash and short-term investments of ₹421.6K.
Key information
4.1%
Debt to equity ratio
₹11.97m
Debt
Interest coverage ratio | -8.8x |
Cash | ₹421.60k |
Equity | ₹288.55m |
Total liabilities | ₹12.12m |
Total assets | ₹300.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 535205's short term assets (₹79.4M) exceed its short term liabilities (₹157.1K).
Long Term Liabilities: 535205's short term assets (₹79.4M) exceed its long term liabilities (₹12.0M).
Debt to Equity History and Analysis
Debt Level: 535205's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 535205's debt to equity ratio has increased from 0% to 4.1% 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 535205 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 535205 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 49.3% per year.