IEC Education Balance Sheet Health
Financial Health criteria checks 2/6
IEC Education has a total shareholder equity of ₹304.3M and total debt of ₹16.8M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ₹324.8M and ₹20.5M respectively.
Key information
5.5%
Debt to equity ratio
₹16.82m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.15m |
| Equity | ₹304.30m |
| Total liabilities | ₹20.54m |
| Total assets | ₹324.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531840's short term assets (₹309.2M) exceed its short term liabilities (₹20.5M).
Long Term Liabilities: 531840's short term assets (₹309.2M) do not cover its long term liabilities (₹-1,000.0).
Debt to Equity History and Analysis
Debt Level: 531840's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 531840's debt to equity ratio has increased from 5.2% to 5.5% 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: 531840 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 531840 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.3% each year