Goa Carbon Ltd

Goa Carbon's capital structure is characterized by a debt-to-equity ratio of 1.29, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 1.51, suggesting it can cover its short-term liabilities but with limited buffer. The company's cash and equivalents amount to INR 200.11 million, which is significantly lower than its long-term debt of INR 2,813.63 million, resulting in a negative net cash position [doc:HA-latest]. In terms of profitability, Goa Carbon reported a net loss of INR 220.26 million and an operating loss of INR 209.29 million in the latest financial period. The return on equity (ROE) is -10.12%, and the return on assets (ROA) is -4.15%, both significantly below the industry median for profitability metrics. The company's gross profit of INR 669.98 million is modest compared to its revenue of INR 5,084.72 million, indicating a low margin business model [doc:HA-latest]. Goa Carbon's revenue is derived from the sale of calcined petroleum coke, with production facilities in Goa, Chattisgarh, and Orissa. The company's geographic exposure is concentrated in India, with no disclosed international revenue. The largest plant is in Goa with a capacity of 100,000 million tons per annum, followed by plants in Bilaspur and Paradeep. The company's revenue concentration is not disclosed, but the lack of international operations suggests a high geographic risk [doc:HA-latest]. The company's growth trajectory is uncertain, with no disclosed revenue growth in the latest period. The operating cash flow is negative at INR -539.29 million, and the free cash flow is also negative at INR -314.92 million. The capital expenditure of INR -32.28 million indicates some investment in operations, but the overall financial performance suggests a lack of growth momentum [doc:HA-latest]. Risk factors for Goa Carbon include its negative net cash position and the high debt-to-equity ratio, which could limit its ability to fund operations and invest in growth. The company's dilution potential is assessed as low, with no significant changes in shares outstanding between basic and diluted shares. The risk assessment indicates a medium liquidity risk, primarily due to the negative net cash position after subtracting total debt [doc:HA-latest]. Recent events for Goa Carbon include the latest financial filing, which discloses the company's negative net income and operating income. There are no recent transcripts or other filings that provide additional insight into the company's operations or strategic direction [doc:HA-latest].