Itcons E-Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Itcons E-Solutions has a total shareholder equity of ₹321.1M and total debt of ₹37.3M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are ₹440.0M and ₹118.9M respectively. Itcons E-Solutions's EBIT is ₹32.9M making its interest coverage ratio -110.8. It has cash and short-term investments of ₹110.5M.
Key information
11.6%
Debt to equity ratio
₹37.32m
Debt
| Interest coverage ratio | -110.8x |
| Cash | ₹110.51m |
| Equity | ₹321.12m |
| Total liabilities | ₹118.86m |
| Total assets | ₹439.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543806's short term assets (₹214.8M) exceed its short term liabilities (₹110.0M).
Long Term Liabilities: 543806's short term assets (₹214.8M) exceed its long term liabilities (₹8.9M).
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 142.6% to 11.6% over the past 5 years.
Debt Coverage: 543806's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543806 earns more interest than it pays, so coverage of interest payments is not a concern.