Crescent Finstock Limited Annual Report, Balance Sheet, and Financials.

Crescent Finstock Limited Balance Sheet (Rs)

 Crescent Finstock Limited Profit & Loss Statement (Rs)

Crescent Finstock Limited Consolidated Cash Flow Statement (Rs)

Certainly, here 's a summary of the Cash Flow Statement for the years 2023 and 2022:

1.Cash Flow From Operating Activities:

In 2023, the net profit before tax was a loss of -1852.61, primarily impacted by adjustments, including a significant profit from the sale of investments, interest income, and operating expenses.

Operating profit before working capital changes was -1682.02 in 2023, with additional adjustments related to working capital changes, including decreases in inventories and other current assets and an increase in borrowings.

The net cash from operating activities in 2023 was 107.21, which indicates a positive cash flow, despite the operating loss.

In 2022, the net profit before tax was 2098.89, with similar adjustments, and the net cash from operating activities was -3137.17, indicating a negative cash flow.

2.Cash Flow From Investing Activities:

In 2023, cash flow from investing activities included dividends from investments, interest income, and a significant amount from the sale of BSE shares, resulting in a net cash inflow of 558.25.

   - In 2022, cash flow from investing activities included dividends from investments and interest income, with a net cash inflow of 4268.4, primarily due to a substantial profit from the sale of investments.

3.Cash Flow From Financing Activities:

In 2023, financing activities included interest expenses and repayment of borrowings, resulting in a net cash outflow of -725.91.

In 2022, the statement mentions interest expenses and repayment/procurement of borrowings, with a net cash outflow of -1067.09.

4.Net Cash Flows During The Year:

In 2023, there was a net decrease in cash and cash equivalents of -60.45, indicating a reduction in available cash during the year.

In 2022, there was a net increase in cash and cash equivalents of 64.14, indicating an overall positive cash flow for the year.

5.Cash and Cash Equivalents 

The opening balance of cash and cash equivalents in 2023 was 2776.59, which decreased to 2716.14 by the end of the year.

In 2022, the opening balance was 2712.45, and it increased to 2776.59 by the end of the year.

Please note that specific values and additional details for 2022, such as the exact procurement of borrowings, are not provided in the statement.

Bellow are the Financial Ratios

Here 's a summary of the financial and operational metrics for Crescent Finstock Limited in the year 2023 and 2022:

1.Current Ratio:

In 2023, the current ratio was 2.29, indicating that the company had current assets that were 2.29 times its current liabilities.

In 2022, the current ratio was 3.95, which suggests a higher level of liquidity in the previous year.

2.Debt Equity Ratio:

Both in 2023 and 2022, the debt equity ratio was 0.04, indicating that the company had relatively low debt in its capital structure compared to equity.

3.Debt Service Coverage Ratio:

In 2023, the debt service coverage ratio was -2.34, which implies that the company was unable to cover its debt service obligations from its operating income.

In 2022, the ratio was -2.17, indicating a similar situation in the previous year.

4.Return on Equity Ratio:

In 2023, the return on equity ratio was 0.0061, suggesting a relatively low return on shareholders ' equity.

In 2022, the ratio was slightly higher at 0.0069, but still relatively low.

5.Inventory Turnover Ratio:

The inventory turnover ratio for 2023 is not provided, but it is a crucial measure for assessing how efficiently the company manages its inventory.

6.Net Working Capital Turnover Ratio:

The net working capital turnover ratio for 2023 is not provided, making it difficult to assess how effectively the company utilizes its working capital.

7.Net Profit Ratio:

In 2023, the net profit ratio was -2.56, indicating a negative profitability, which means the company incurred a loss.

No net profit ratio is given for 2022, so it 's unclear whether the company had a profit or loss in that year.

8.EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)**:

In 2023, the EBITDA was -0.0235, suggesting that the company had a negative EBITDA, indicating operational losses.

No EBITDA value is provided for 2022.

9.Return on Capital Employed:

In 2023, the return on capital employed was -0.0054, indicating a negative return on the capital invested in the business.

In 2022, the ratio was slightly better at -0.0047, but still negative.

10.Return on Investment:

In 2023, the return on investment was -0.0059, suggesting a negative return on the investments made by the company.

In 2022, the return on investment was 0.0067, indicating a positive return in the previous year.

Overall, the financial metrics for 2023 show signs of financial distress with negative profitability, EBITDA, and debt service coverage ratios. The company 's liquidity, as measured by the current ratio, has also decreased. It 's important for Crescent Finstock Limited to address these financial challenges and work towards improving its financial performance and solvency.