Morn Media Limited Annual Report and Financials

Morn Media Limited Balance Sheet (Rs In Lakhs)

 Morn Media Limited Profit & Loss Statement (Rs In Lakhs)

 Morn Media 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 Flow from Operating Activities:

1. Net Profit Before Tax:

2023: -1.16

2022: 0.1

The company incurred a net loss before tax in 2023, indicating a challenging financial position compared to a small profit in 2022.

2. Add/(Less):

Net Loss/(Gain) on Financial Assets Mandatorily Measured at Fair Value Through Profit or Loss:

2023: -4.54

2022: 11.27

In 2023, there was a net loss on financial assets measured at fair value through profit or loss, whereas in 2022, there was a net gain.

Profit on Sale of Investment:

2023: -1.02

2022: -17.23

Both years experienced losses on the sale of investments.

Interest Received in FDR:

2023: -0.63

2022: -0.04

Indicates a decrease in interest received on Fixed Deposit Receipts (FDR) in both years.

Profit/(Loss) Before Working Capital Changes:

2023: -7.35

2022: -5.9

Reflects the operating profit or loss before considering changes in working capital.

3. Adjustments for Changes in Working Capital:

Increase/(Decrease) in Other Current Liabilities:

2023: 0.08

2022: 0.03

An increase in other current liabilities, which positively impacts cash flow.

(Increase)/Decrease in Other Current Assets:

2023: 0.49

2022: -0.04

An increase in other current assets, contributing positively to cash flow.

Increase/(Decrease) in Net Working Capital:

2023: 0.57

2022: -0.01

The net change in working capital, which positively contributes to cash flow.

4. Cash Used in Operations:

2023: -6.78

2022: -5.91

The net cash used in operating activities is calculated by summing up the adjustments and changes in working capital. It indicates the overall cash impact of the company 's operational activities.

5. Income Tax (Paid)/Refund Received:

2023: 0.05

2022: Not provided

Represents the income tax paid or refund received during the period.

6. Net Cash Used in Operating Activities:

2023: -6.73

2022: -5.91

The net cash used in operating activities represents the total cash flow impact from the company 's core operations, including adjustments and changes in working capital.

B. Cash Flow from Investing Activities:

1. Investment in Fixed Deposit:

2023: -12.55

2022: -12

Represents the cash used for investing in fixed deposits.

2. Purchase of Investments:

2023:

2022: -25

Indicates cash used for purchasing investments. In 2023, the specific amount is not provided.

3. Redemption of Investments:

2023: 13.77

2022: 42.09

Represents the cash received from the redemption of investments.

4. Net Cash from Investing Activities:

2023: 1.22

2022: 5.09

The net cash from investing activities is the sum of cash flows related to the purchase and sale of investments and other long-term assets. In this case, it is positive, indicating a net inflow of cash from investing activities.

C. Net Increase in Cash and Cash Equivalents:

2023: -5.51

2022: 0.82

The net increase in cash and cash equivalents is calculated by summing up the net cash from operating activities and net cash from investing activities. In this case, it is negative, indicating a net decrease in cash and cash equivalents during the period.

Cash and Cash Equivalents (Opening and Closing Balance):

Opening Balance:

2023: 6.4

2022: 7.22

Closing Balance:

2023: 0.89

2022: 6.4

The closing balance is lower than the opening balance in both years, indicating a decrease in cash and cash equivalents. This summary provides insights into the company 's cash flow position, investment activities, and overall liquidity. It 's crucial for the company to assess its cash management strategies and make informed decisions to ensure sustainable financial health.

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for Morn Media Limited for the years 2023 and 2022:

Financial Metrics:

1. Current Ratio:

2023: 252.98

2022: 295.3

The current ratio measures the company 's ability to cover its short-term liabilities with its short-term assets. Both years show a very high current ratio, indicating a strong ability to meet short-term obligations.

2. Return on Equity (ROE) Ratio:

2023: -0.43%

2022: 1.98%

ROE measures the profitability of the company in relation to shareholders ' equity. A negative ROE in 2023 suggests a net loss relative to shareholders ' equity, while the positive ROE in 2022 indicates a profit.

3. Net Profit Ratio:

2023: -8.48%

2022: 40.17%

The net profit ratio indicates the percentage of profit relative to total revenue. A negative net profit ratio in 2023 implies a net loss relative to revenue, while the high positive ratio in 2022 indicates a significant profit margin.

4. Return on Capital Employed (ROCE) Ratio:

2023: -0.96%

2022: 0.08%

ROCE evaluates the efficiency of capital utilization in generating profits. Both years show low or negative values, indicating challenges in generating returns on the capital employed.

5. Return on Investment:

2023: 5.45%

2022: 7.32%

Return on investment measures the performance of an investment. While positive, there is a decrease from 2022 to 2023, suggesting a potential decline in the return on investment.

Summary:

Current Ratio:

Both years indicate a high current ratio, suggesting strong short-term liquidity. However, excessively high current ratios may also indicate inefficiencies in asset management.

Return on Equity (ROE):

The negative ROE in 2023 indicates a loss relative to shareholders ' equity, which requires attention. The positive ROE in 2022 demonstrates profitability.

Net Profit Ratio:

The significant positive net profit ratio in 2022 is favorable, but the negative ratio in 2023 raises concerns about the company 's ability to generate profits relative to revenue.

Return on Capital Employed (ROCE):

Both years show low or negative ROCE, suggesting challenges in efficiently utilizing capital to generate returns.

Return on Investment:

The decrease from 2022 to 2023 in the return on investment suggests a potential decline in the effectiveness of investments made by the company.

Areas for Consideration:

Morn Media Limited needs to investigate the reasons behind the negative ROE, net profit ratio, and ROCE in 2023 and formulate strategies to improve profitability and capital utilization.

The company should assess its investment decisions and identify factors contributing to the decrease in the return on investment.

While a high current ratio indicates liquidity, the company should ensure that its assets are efficiently utilized to avoid potential inefficiencies.