Envirotech Systems Balance Sheet Health
Financial Health criteria checks 4/6
Envirotech Systems has a total shareholder equity of ₹66.2M and total debt of ₹91.6M, which brings its debt-to-equity ratio to 138.4%. Its total assets and total liabilities are ₹227.6M and ₹161.4M respectively. Envirotech Systems's EBIT is ₹39.5M making its interest coverage ratio 10.9. It has cash and short-term investments of ₹1.9M.
Key information
138.4%
Debt to equity ratio
₹91.61m
Debt
| Interest coverage ratio | 10.9x |
| Cash | ₹1.86m |
| Equity | ₹66.17m |
| Total liabilities | ₹161.40m |
| Total assets | ₹227.57m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ENVIRO's short term assets (₹127.3M) exceed its short term liabilities (₹95.3M).
Long Term Liabilities: ENVIRO's short term assets (₹127.3M) exceed its long term liabilities (₹66.1M).
Debt to Equity History and Analysis
Debt Level: ENVIRO's net debt to equity ratio (135.6%) is considered high.
Reducing Debt: ENVIRO's debt to equity ratio has reduced from 459.3% to 138.4% over the past 5 years.
Debt Coverage: ENVIRO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ENVIRO's interest payments on its debt are well covered by EBIT (10.9x coverage).