Encision Balance Sheet Health
Financial Health criteria checks 3/6
Encision has a total shareholder equity of $2.4M and total debt of $638.6K, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are $4.7M and $2.3M respectively.
Key information
26.9%
Debt to equity ratio
US$638.62k
Debt
| Interest coverage ratio | n/a |
| Cash | US$306.00k |
| Equity | US$2.37m |
| Total liabilities | US$2.32m |
| Total assets | US$4.69m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECIA's short term assets ($3.0M) exceed its short term liabilities ($1.2M).
Long Term Liabilities: ECIA's short term assets ($3.0M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: ECIA's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: ECIA's debt to equity ratio has increased from 0% to 26.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ECIA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ECIA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.4% each year