Ratio analysis
Each ratio against the range that is normal for that pillar, not for the group — and where no range is held for that pillar, no range at all. Every ratio the definitions hold for Sixteen Frames Films, at Aug 2026, with its twelve months and its definition one click away.
Sixteen Frames Films · film pillar · read from Tally Prime
Read from Tally Prime. Every figure on this screen opens its own workings: the definition, the formula and the two summary lines behind it, down to the vouchers.
6 reads were made for this screen and every one answered.
Every range on this screen is the range that is normal for this company’s pillar, read from the published benchmarks for that pillar alone. Six per cent gross margin is healthy in handset distribution and alarming in software; a group average would describe neither.
Nothing is computed on this screen. Every value is the view’s, every range the benchmarks’; what the screen adds is the comparison between them, and it says where each stands.
A ratio is computed at a month end and there is no such thing as a ratio for a range: the view computes each ratio from that month’s inputs, and a run of months cannot be added, averaged into anything defensible, or recomputed here. Every ratio on this screen is at 31 Aug 2026.
Six ratios at 31 Aug 2026, the ones the group overview sets side by side: net margin, gross margin, leverage as net debt to EBITDA, and the three day counts. Each against the same ratio a year earlier, with the twelve months to Aug 2026 beneath it and its standing against the film range as the note. Working capital, the one amount on this screen, is stated in its own currency in the Liquidity panel’s foot and has no range.
A ratio is computed at a month end and there is no such thing as a ratio for a range: the view computes each ratio from that month’s inputs, and a run of months cannot be added, averaged into anything defensible, or recomputed here. Every ratio on this screen is at 31 Aug 2026.
The ratio definitions of Sixteen Frames Films, the twelve months to Aug 2026, read from Tally Prime. Every ratio at each month end, and the same month a year earlier for the movement.
The published benchmark ranges. The range that is normal for the film pillar, where one is published.
The six the overview compares, so a reader who came from the group finds the same figures at the top of the company’s own screen. The movement is stated and not coloured: a ratio is judged against its range, and the one adverse ink on this screen is a ratio outside it.
Every range on this screen is the range that is normal for this company’s pillar, read from the published benchmarks for that pillar alone. Six per cent gross margin is healthy in handset distribution and alarming in software; a group average would describe neither.
Against the month before, rather than the same month a year earlier: Net margin (5.4)% from 7.4%; Gross margin 18.9% from 28.7%; Leverage (1.31)× from (1.08)×; Collection days 67 days from 63 days; Stock days 0 days from 0 days; Payment days 207 days from 198 days.
- Current ratio above pillar rangeSixteen Frames Films · Aug 2026 · film range 0.80× to 1.50×times
- Cash cycle below pillar rangeSixteen Frames Films · Aug 2026 · film range 60 to 180 daysdays
- Leverage below pillar rangeSixteen Frames Films · Aug 2026 · film range 0.00× to 4.00×times
Ranked adverse first, then watch, then the tests that came back clean; within a class by the finding’s figure as a share of the company’s revenue for the period, largest first. A balance sheet that does not tie, or a company no rate is held for, outranks any share.
One company, so every row is Sixteen Frames Films’ own ratio at 31 Aug 2026 against the film range. A ratio outside its range on the side the definition calls worse is adverse; outside on the better side is watch; within a class the rows rank by how far beyond the bound the value stands, as a share of the range’s width, because a ratio has no amount to take as a share of revenue.
A ratio is computed at a month end and there is no such thing as a ratio for a range: the view computes each ratio from that month’s inputs, and a run of months cannot be added, averaged into anything defensible, or recomputed here. Every ratio on this screen is at 31 Aug 2026.
Tested: every ratio with a published range against the range that is normal for the company’s own pillar at Aug 2026, outside on the side the definition calls worse reported as adverse and on the other side as watch, ranked by how far beyond the bound the value stands as a share of the range. A ratio the view states null is named under Data quality and not judged; a pillar with no published range is a check that did not run there; a company with no revenue in the month has the ratios that read the month’s flows withheld and named.
Six rows at most, in two columns, adverse first: what needs acting on before what needs watching, and a clear row only where a test ran and found nothing. The rest is under Data quality at the foot of the screen, so the face never grows past what a reader can act on in a glance.
Current ratio above pillar range · Sixteen Frames Films · 290% of the range’s width beyond its high. Current ratio stands at 3.53× against the film range of 0.80× to 1.50×, above it on the side the definition calls better. The range is the pillar’s own, from the published benchmarks, never the group’s.
Cash cycle below pillar range · Sixteen Frames Films · 167% of the range’s width beyond its low. Cash conversion cycle stands at (140) days against the film range of 60 to 180 days, below it on the side the definition calls better. The range is the pillar’s own, from the published benchmarks, never the group’s.
Leverage below pillar range · Sixteen Frames Films · 33% of the range’s width beyond its low. Net debt to EBITDA stands at (1.31)× against the film range of 0.00× to 4.00×, below it on the side the definition calls better. The range is the pillar’s own, from the published benchmarks, never the group’s.
Profitability at 31 Aug 2026: gross margin 18.9%, inside the film range 10% to 30%; EBITDA margin 78.0%, no range published; net margin (5.4)%, no range published; return on capital employed 48.2%, no range published; return on equity (4.5)%, no range published.
The ratio definitions of Sixteen Frames Films, Aug 2026, read from Tally Prime. Profitability: each ratio at the month end, against the range published for the film pillar.
The published benchmark ranges. The film range for each ratio, where one is published.
One bullet a ratio: the measure against the band that is the pillar’s range, in the signal ink where it stands outside on either side, which is the one adverse ink on this screen. A ratio with no published range is drawn with no band and says so; a floor with no ceiling is drawn open to the right.
Every range on this screen is the range that is normal for this company’s pillar, read from the published benchmarks for that pillar alone. Six per cent gross margin is healthy in handset distribution and alarming in software; a group average would describe neither.
Gross margin: Gross profit ÷ revenue. Higher is better. Film range 10% to 30%.
EBITDA margin: EBITDA ÷ revenue. Higher is better. No range is published for the film pillar.
Net margin: Profit before tax ÷ revenue. Higher is better. No range is published for the film pillar.
Return on capital employed: EBITDA annualised ÷ (equity + borrowings). Higher is better. No range is published for the film pillar.
Return on equity: Profit before tax annualised ÷ equity. Higher is better. No range is published for the film pillar.
Liquidity at 31 Aug 2026: current ratio 3.53×, above the film range 0.80× to 1.50×; quick ratio 3.53×, no range published; cash ratio 3.10×, no range published; defensive interval 633 days, no range published.
Current ratio stands above the range on the side the definition calls better.
Working capital is an amount in INR — current assets less current liabilities — not a ratio, so it stands in the foot and not as a bullet.
The ratio definitions of Sixteen Frames Films, Aug 2026, read from Tally Prime. Liquidity: each ratio at the month end, against the range published for the film pillar.
The published benchmark ranges. The film range for each ratio, where one is published.
One bullet a ratio: the measure against the band that is the pillar’s range, in the signal ink where it stands outside on either side, which is the one adverse ink on this screen. A ratio with no published range is drawn with no band and says so; a floor with no ceiling is drawn open to the right.
Every range on this screen is the range that is normal for this company’s pillar, read from the published benchmarks for that pillar alone. Six per cent gross margin is healthy in handset distribution and alarming in software; a group average would describe neither.
Current ratio: Current assets ÷ current liabilities. Higher is better. Film range 0.80× to 1.50×.
Quick ratio: (Current assets − inventory) ÷ current liabilities. Higher is better. No range is published for the film pillar.
Cash ratio: Cash ÷ current liabilities. Higher is better. No range is published for the film pillar.
Defensive interval: (Cash + receivables) ÷ average daily operating cost. Higher is better. No range is published for the film pillar.
Working capital at 31 Aug 2026: days sales outstanding 67 days, no range published; days inventory outstanding 0 days, no range published; days payables outstanding 207 days, no range published; cash conversion cycle (140) days, below the film range 60 to 180 days; asset turnover 0.48×, no range published.
Cash conversion cycle stands below the range on the side the definition calls better.
The ratio definitions of Sixteen Frames Films, Aug 2026, read from Tally Prime. Working capital: each ratio at the month end, against the range published for the film pillar.
The published benchmark ranges. The film range for each ratio, where one is published.
One bullet a ratio: the measure against the band that is the pillar’s range, in the signal ink where it stands outside on either side, which is the one adverse ink on this screen. A ratio with no published range is drawn with no band and says so; a floor with no ceiling is drawn open to the right.
Every range on this screen is the range that is normal for this company’s pillar, read from the published benchmarks for that pillar alone. Six per cent gross margin is healthy in handset distribution and alarming in software; a group average would describe neither.
Days sales outstanding: Receivables ÷ (revenue ÷ 30). Lower is better. No range is published for the film pillar.
Days inventory outstanding: Inventory ÷ (cost of sales ÷ 30). Lower is better. No range is published for the film pillar.
Days payables outstanding: Payables ÷ (cost of sales ÷ 30). Higher is better. No range is published for the film pillar.
Cash conversion cycle: Days sales + days inventory − days payables. Lower is better. Film range 60 to 180 days.
Asset turnover: Revenue annualised ÷ total assets. Higher is better. No range is published for the film pillar.
Leverage and cover at 31 Aug 2026: gearing 26.4%, no range published; debt to equity 0.36×, no range published; net debt to EBITDA (1.31)×, below the film range 0.00× to 4.00×; interest cover 6.24×, inside the film range at least 1.50×.
Net debt to EBITDA stands below the range on the side the definition calls better.
The ratio definitions of Sixteen Frames Films, Aug 2026, read from Tally Prime. Leverage and cover: each ratio at the month end, against the range published for the film pillar.
The published benchmark ranges. The film range for each ratio, where one is published.
One bullet a ratio: the measure against the band that is the pillar’s range, in the signal ink where it stands outside on either side, which is the one adverse ink on this screen. A ratio with no published range is drawn with no band and says so; a floor with no ceiling is drawn open to the right.
Every range on this screen is the range that is normal for this company’s pillar, read from the published benchmarks for that pillar alone. Six per cent gross margin is healthy in handset distribution and alarming in software; a group average would describe neither.
Gearing: Borrowings ÷ (equity + borrowings). Lower is better. No range is published for the film pillar.
Debt to equity: Borrowings ÷ equity. Lower is better. No range is published for the film pillar.
Net debt to EBITDA: (Borrowings − cash) ÷ annualised EBITDA. Lower is better. Film range 0.00× to 4.00×.
Interest cover: EBITDA ÷ finance cost. Higher is better. Film range at least 1.50×.
Net margin moved most: 20.7 to (5.4)%. Each ratio on its own scale over the twelve months to Aug 2026, the film range as the band behind it where one is published, the latest month marked.
The ratio definitions of Sixteen Frames Films, the twelve months to Aug 2026, read from Tally Prime. Profitability, month by month; a month the view states null is a gap.
The reader looks for the ratio that moved. One row a ratio on its own scale shows the shape of each year at a glance, and the title names the row that moved most from its first month with a value to its last, as a share of where it started; the band is the range, so the eye sees where the year sat against it without a second drawing.
Gross margin: 36.9% at Sept 2025 to 18.9% at Aug 2026, 12 of twelve months held.
EBITDA margin: 77.8% at Sept 2025 to 78.0% at Aug 2026, 12 of twelve months held.
Net margin: 20.7% at Sept 2025 to (5.4)% at Aug 2026, 12 of twelve months held.
Return on capital employed: 81.7% at Sept 2025 to 48.2% at Aug 2026, 12 of twelve months held.
Return on equity: 29.2% at Sept 2025 to (4.5)% at Aug 2026, 12 of twelve months held.
Defensive interval moved most: 400 to 633 days. Each ratio on its own scale over the twelve months to Aug 2026, the film range as the band behind it where one is published, the latest month marked.
The ratio definitions of Sixteen Frames Films, the twelve months to Aug 2026, read from Tally Prime. Liquidity, month by month; a month the view states null is a gap.
The reader looks for the ratio that moved. One row a ratio on its own scale shows the shape of each year at a glance, and the title names the row that moved most from its first month with a value to its last, as a share of where it started; the band is the range, so the eye sees where the year sat against it without a second drawing.
Current ratio: 3.41× at Sept 2025 to 3.53× at Aug 2026, 12 of twelve months held.
Quick ratio: 3.41× at Sept 2025 to 3.53× at Aug 2026, 12 of twelve months held.
Cash ratio: 2.33× at Sept 2025 to 3.10× at Aug 2026, 12 of twelve months held.
Defensive interval: 400 days at Sept 2025 to 633 days at Aug 2026, 12 of twelve months held.
Cash cycle moved most: (92) to (140) days. Each ratio on its own scale over the twelve months to Aug 2026, the film range as the band behind it where one is published, the latest month marked.
The ratio definitions of Sixteen Frames Films, the twelve months to Aug 2026, read from Tally Prime. Working capital, month by month; a month the view states null is a gap.
The reader looks for the ratio that moved. One row a ratio on its own scale shows the shape of each year at a glance, and the title names the row that moved most from its first month with a value to its last, as a share of where it started; the band is the range, so the eye sees where the year sat against it without a second drawing.
Days sales outstanding: 61 days at Sept 2025 to 67 days at Aug 2026, 12 of twelve months held.
Days inventory outstanding: 0 days at Sept 2025 to 0 days at Aug 2026, 12 of twelve months held.
Days payables outstanding: 153 days at Sept 2025 to 207 days at Aug 2026, 12 of twelve months held.
Cash conversion cycle: (92) days at Sept 2025 to (140) days at Aug 2026, 12 of twelve months held.
Asset turnover: 0.82× at Sept 2025 to 0.48× at Aug 2026, 12 of twelve months held.
Leverage moved most: (0.49) to (1.31)×. Each ratio on its own scale over the twelve months to Aug 2026, the film range as the band behind it where one is published, the latest month marked.
The ratio definitions of Sixteen Frames Films, the twelve months to Aug 2026, read from Tally Prime. Leverage and cover, month by month; a month the view states null is a gap.
The reader looks for the ratio that moved. One row a ratio on its own scale shows the shape of each year at a glance, and the title names the row that moved most from its first month with a value to its last, as a share of where it started; the band is the range, so the eye sees where the year sat against it without a second drawing.
Gearing: 25.4% at Sept 2025 to 26.4% at Aug 2026, 12 of twelve months held.
Debt to equity: 0.34× at Sept 2025 to 0.36× at Aug 2026, 12 of twelve months held.
Net debt to EBITDA: (0.49)× at Sept 2025 to (1.31)× at Aug 2026, 12 of twelve months held.
Interest cover: 10.13× at Sept 2025 to 6.24× at Aug 2026, 12 of twelve months held.
| Ratio | Reads | Unit | Better | film range | |
|---|---|---|---|---|---|
| PROFITABILITY | |||||
| Gross margin | Gross profit, Revenue | % | higher | 10% to 30% | |
| EBITDA margin | EBITDA, Revenue | % | higher | — | |
| Net margin | Profit before tax, Revenue | % | higher | — | |
| Return on capital employed | EBITDA, Capital employed | % | higher | — | |
| Return on equity | Profit before tax, Equity | % | higher | — | |
| LIQUIDITY | |||||
| Current ratio | Current assets, Current liabilities | times | higher | 0.80× to 1.50× | |
| Quick ratio | Current assets, Inventory, Current liabilities | times | higher | — | |
| Cash ratio | Cash, Current liabilities | times | higher | — | |
| Defensive interval | Cash, Receivables, Cost of sales, Operating expenses | days | higher | — | |
| Working capital | Working capital | amount | higher | — | |
| WORKING CAPITAL | |||||
| Days sales outstanding | Receivables, Revenue | days | lower | — | |
| Days inventory outstanding | Inventory, Cost of sales | days | lower | — | |
| Days payables outstanding | Payables, Cost of sales | days | higher | — | |
| Cash conversion cycle | Receivables, Inventory, Payables | days | lower | 60 to 180 days | |
| Asset turnover | Revenue, Total assets | times | higher | — | |
| LEVERAGE AND COVER | |||||
| Gearing | Borrowings, Equity | % | lower | — | |
| Debt to equity | Borrowings, Equity | times | lower | — | |
| Net debt to EBITDA | Net debt, EBITDA | times | lower | 0.00× to 4.00× | |
| Interest cover | EBITDA, Finance cost | times | higher | at least 1.50× | |
Every ratio the definitions hold, in the four families the screen draws them in: what it reads from the monthly summary, the formula in the definition’s own words, the unit it is stated in, which way the definition calls better, and the range that is normal for the film pillar where one is published. 5 of 19 carry a film range.
A definition is what makes a ratio a fact: the reader reads it before the figure, and every figure on this screen opens it.
The ratio definitions. The name, family, formula, unit and direction of every ratio, as the definitions table holds them.
The published benchmark ranges. The range for each ratio in the film pillar, where one is published.
The Reads column is a vocabulary keyed on each definition’s code, written from the formula’s words: it names the summary lines the formula reads and is not data the definitions hold. The codes, for a reader who needs them: Gross margin is gross_margin; EBITDA margin is ebitda_margin; Net margin is net_margin; Return on capital employed is roce; Return on equity is roe; Current ratio is current_ratio; Quick ratio is quick_ratio; Cash ratio is cash_ratio; Defensive interval is defensive_interval; Days sales outstanding is dso; Days inventory outstanding is dio; Days payables outstanding is dpo; Cash conversion cycle is ccc; Asset turnover is asset_turnover; Gearing is gearing; Debt to equity is debt_to_equity; Net debt to EBITDA is net_debt_ebitda; Interest cover is interest_cover; Working capital is working_capital.
Every range on this screen is the range that is normal for this company’s pillar, read from the published benchmarks for that pillar alone. Six per cent gross margin is healthy in handset distribution and alarming in software; a group average would describe neither.
A known calibration issue in the seeded books, reported rather than hidden: receivable and payable days come out far above anything realistic because opening balances do not fully drain over the modelled period, so the denominators are too small. The formula is not adjusted to make this look better — changing a ratio definition to hide a data problem turns it into a reporting problem — and the figures are shown as computed so the seed can be corrected against them. The fifteen-to-120-day plausibility check an earlier screen ran was the screen’s own rule and not the books’; it is gone, and the day counts are judged against the pillar’s range where one is published.
Return on capital employed, Return on equity, Asset turnover, Net debt to EBITDA annualise a single month by twelve, as the definition says, and the screen says so here rather than on the face.
Cash conversion cycle, Interest cover carry a high of 99 in the benchmarks, which is the sentinel for no upper bound: the range is read as a floor with no ceiling.
Working capital is an amount, current assets less current liabilities in INR, and is listed here as one; it is not drawn as a bullet and has no range.
Nothing is computed on this screen. Every value is the view’s, every range the benchmarks’; what the screen adds is the comparison between them, and it says where each stands.
0 action · 3 watch · 0 clear.
One company, so every row is Sixteen Frames Films’ own ratio at 31 Aug 2026 against the film range. A ratio outside its range on the side the definition calls worse is adverse; outside on the better side is watch; within a class the rows rank by how far beyond the bound the value stands, as a share of the range’s width, because a ratio has no amount to take as a share of revenue.
A ratio is computed at a month end and there is no such thing as a ratio for a range: the view computes each ratio from that month’s inputs, and a run of months cannot be added, averaged into anything defensible, or recomputed here. Every ratio on this screen is at 31 Aug 2026.
Read from Tally Prime. 6 reads were made for this screen and 6 answered. Every figure on this screen opens its own workings, down to the vouchers behind it.
- The group register · register · answered
- The ratio definitions · every definition · answered
- The ratio definitions · Sixteen Frames Films, the twelve months to Aug 2026 · answered
- The published benchmark ranges · the film pillar · answered
- The monthly summary · Sixteen Frames Films, the twelve months to Aug 2026 · answered
- The ledger · the last posting · answered
Tested: every ratio with a published range against the range that is normal for the company’s own pillar at Aug 2026, outside on the side the definition calls worse reported as adverse and on the other side as watch, ranked by how far beyond the bound the value stands as a share of the range. A ratio the view states null is named under Data quality and not judged; a pillar with no published range is a check that did not run there; a company with no revenue in the month has the ratios that read the month’s flows withheld and named.
- Every ratio with a published range against the range normal for the company’s pillar · ran, found 3
Current ratio above pillar range · Sixteen Frames Films · 290% of the range’s width beyond its high. Current ratio stands at 3.53× against the film range of 0.80× to 1.50×, above it on the side the definition calls better. The range is the pillar’s own, from the published benchmarks, never the group’s.
Cash cycle below pillar range · Sixteen Frames Films · 167% of the range’s width beyond its low. Cash conversion cycle stands at (140) days against the film range of 60 to 180 days, below it on the side the definition calls better. The range is the pillar’s own, from the published benchmarks, never the group’s.
Leverage below pillar range · Sixteen Frames Films · 33% of the range’s width beyond its low. Net debt to EBITDA stands at (1.31)× against the film range of 0.00× to 4.00×, below it on the side the definition calls better. The range is the pillar’s own, from the published benchmarks, never the group’s.
Nothing.