Excite Technology Services Balance Sheet Health
Financial Health criteria checks 4/6
Excite Technology Services has a total shareholder equity of A$1.7M and total debt of A$171.4K, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are A$5.4M and A$3.7M respectively.
Key information
10.4%
Debt to equity ratio
AU$171.43k
Debt
Interest coverage ratio | n/a |
Cash | AU$750.01k |
Equity | AU$1.66m |
Total liabilities | AU$3.75m |
Total assets | AU$5.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EXT's short term assets (A$2.0M) do not cover its short term liabilities (A$3.0M).
Long Term Liabilities: EXT's short term assets (A$2.0M) exceed its long term liabilities (A$764.1K).
Debt to Equity History and Analysis
Debt Level: EXT has more cash than its total debt.
Reducing Debt: EXT's debt to equity ratio has increased from 0% to 10.4% 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: EXT has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EXT is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.