Karma Energy Balance Sheet Health
Financial Health criteria checks 6/6
Karma Energy has a total shareholder equity of ₹410.9M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹529.4M and ₹118.5M respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | ₹51.29m |
| Equity | ₹410.90m |
| Total liabilities | ₹118.47m |
| Total assets | ₹529.37m |
Recent financial health updates
Is Karma Energy (NSE:KARMAENG) A Risky Investment?
Jul 08
Does Karma Energy (NSE:KARMAENG) Have A Healthy Balance Sheet?
Nov 25Is Karma Energy (NSE:KARMAENG) Weighed On By Its Debt Load?
Jul 19Is Karma Energy (NSE:KARMAENG) Weighed On By Its Debt Load?
Jan 07Recent updates
Why Investors Shouldn't Be Surprised By Karma Energy Limited's (NSE:KARMAENG) 26% Share Price Plunge
Jan 07Does Karma Energy (NSE:KARMAENG) Deserve A Spot On Your Watchlist?
Sep 30Is Karma Energy (NSE:KARMAENG) A Risky Investment?
Jul 08Does Karma Energy (NSE:KARMAENG) Have A Healthy Balance Sheet?
Nov 25Is Karma Energy (NSE:KARMAENG) Weighed On By Its Debt Load?
Jul 19Is Karma Energy (NSE:KARMAENG) Weighed On By Its Debt Load?
Jan 07Financial Position Analysis
Short Term Liabilities: KARMAENG's short term assets (₹208.1M) exceed its short term liabilities (₹63.9M).
Long Term Liabilities: KARMAENG's short term assets (₹208.1M) exceed its long term liabilities (₹54.6M).
Debt to Equity History and Analysis
Debt Level: KARMAENG is debt free.
Reducing Debt: KARMAENG has no debt compared to 5 years ago when its debt to equity ratio was 205.4%.
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 KARMAENG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: KARMAENG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.4% per year.