Itcons E-Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Itcons E-Solutions has a total shareholder equity of ₹129.2M and total debt of ₹379.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹155.5M and ₹26.3M respectively. Itcons E-Solutions's EBIT is ₹16.0M making its interest coverage ratio -199. It has cash and short-term investments of ₹44.2M.
Key information
0.3%
Debt to equity ratio
₹379.00k
Debt
Interest coverage ratio | -199x |
Cash | ₹44.22m |
Equity | ₹129.24m |
Total liabilities | ₹26.31m |
Total assets | ₹155.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543806's short term assets (₹128.1M) exceed its short term liabilities (₹26.2M).
Long Term Liabilities: 543806's short term assets (₹128.1M) exceed its long term liabilities (₹109.0K).
Debt to Equity History and Analysis
Debt Level: 543806 has more cash than its total debt.
Reducing Debt: 543806's debt to equity ratio has reduced from 132.7% to 0.3% over the past 5 years.
Debt Coverage: 543806's debt is well covered by operating cash flow (1953.6%).
Interest Coverage: 543806 earns more interest than it pays, so coverage of interest payments is not a concern.