Excite Technology Services Balance Sheet Health
Financial Health criteria checks 5/6
Excite Technology Services has a total shareholder equity of A$968.6K and total debt of A$150.0K, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are A$5.2M and A$4.2M respectively.
Key information
15.5%
Debt to equity ratio
AU$150.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$204.86k |
| Equity | AU$968.64k |
| Total liabilities | AU$4.25m |
| Total assets | AU$5.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EXT's short term assets (A$1.4M) do not cover its short term liabilities (A$3.7M).
Long Term Liabilities: EXT's short term assets (A$1.4M) exceed its long term liabilities (A$540.1K).
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 reduced from 159.7% to 15.5% 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 3 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 2 months based on free cash flow estimates, but has since raised additional capital.