Intertec Technologies Annual Reports, Balance Sheet and Financials

Intertec Technologies Limited Balance Sheet (Rs In Lakhs)

Intertec Technologies Limited Profit & Loss Statement (Rs In Lakhs)

Intertec Technologies Limited Consolidated Cash Flow Statement (Rs In Lakhs)

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

A. Cash Flows from Operating Activities:

Net Cash from Operating Activities (2023): Rs 93.70

Net Cash from Operating Activities (2022): Rs -6.77

Explanation:

In 2023, the company generated Rs 93.70 from its core operating activities, indicating a positive cash flow.

In 2022, there was a net cash outflow of Rs -6.77 from operating activities, signifying a negative cash flow from its core operations.

B. Cash Flows from Investment Activities:

Net Cash from Investment Activities (2023): Rs 118.26

Net Cash from Investment Activities (2022): Rs -247.79

Explanation:

In 2023, the company received Rs 118.26 from investment activities, suggesting a positive cash flow, possibly from asset sales or other investment-related transactions.

In 2022, there was a net cash outflow of Rs -247.79 from investment activities, indicating that the company invested more in assets or acquisitions during that year.

C. Cash Flows from Financing Activities:

Net Cash from Financing Activities (2023): Rs -211.84

Net Cash from Financing Activities (2022): Rs 254.18

Explanation:

In 2023, the company had a net cash outflow of Rs -211.84 from financing activities, primarily due to loan repayments and deposits.

In 2022, there was a net cash inflow of Rs 254.18 from financing activities, suggesting the company received financing, potentially from loans or deposits.

Net Increase/Decrease in Cash and Cash Equivalents:

Net Increase in Cash and Cash Equivalents (2023): Rs 0.12

Net Decrease in Cash and Cash Equivalents (2022): Rs -0.38

Explanation:

In 2023, there was a slight net increase of Rs 0.12 in cash and cash equivalents, indicating a minor improvement in the company 's cash position.

In 2022, there was a net decrease of Rs -0.38 in cash and cash equivalents, implying a reduction in available cash during the year.

Cash and Cash Equivalents:

Cash and Cash Equivalents at the Beginning of 2023: Rs 5.95

Cash and Cash Equivalents at the Beginning of 2022: Rs 6.33

Cash and Cash Equivalents at the End of 2023: Rs 6.07

Cash and Cash Equivalents at the End of 2022: Rs 5.95

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for Intertec Technologies Limited

1.Current Ratio:

The current ratio is a measure of a company 's ability to meet its short-term obligations. In 2023, the company 's current ratio improved to 1.32, indicating a healthier short-term liquidity position compared to the previous year (0.6).

2.Debt-Equity Ratio:

2023: 0.1

2022: 0.2

The debt-equity ratio reflects the proportion of debt used to finance the company 's operations compared to equity. In 2023, the company reduced its debt financing, with a lower debt-equity ratio of 0.1, compared to 0.2 in 2022. This indicates a reduced reliance on debt for financing.

3.Return on Equity (ROE) Ratio:

ROE measures the company 's ability to generate profit from shareholders ' equity. In 2023, the company had a negative ROE of -0.04, indicating a loss on equity, whereas in 2022, the ROE was positive but relatively low at 0.01.

4.Return on Capital Employed (ROCE):

ROCE assesses the profitability of the company in relation to the capital employed. Both years had negative ROCE, with 2023 at -0.04 and 2022 at -0.0028, indicating that the company 's profitability did not cover the capital employed.