Econo Trade (India) Balance Sheet Health
Financial Health criteria checks 2/6
Econo Trade (India) has a total shareholder equity of ₹446.4M and total debt of ₹263.1M, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are ₹710.8M and ₹264.5M respectively.
Key information
58.9%
Debt to equity ratio
₹263.07m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹270.00k |
| Equity | ₹446.36m |
| Total liabilities | ₹264.47m |
| Total assets | ₹710.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538708's short term assets (₹546.9M) exceed its short term liabilities (₹263.6M).
Long Term Liabilities: 538708's short term assets (₹546.9M) exceed its long term liabilities (₹912.0K).
Debt to Equity History and Analysis
Debt Level: 538708's net debt to equity ratio (58.9%) is considered high.
Reducing Debt: 538708's debt to equity ratio has increased from 0% to 58.9% over the past 5 years.
Debt Coverage: 538708's debt is not well covered by operating cash flow (14%).
Interest Coverage: Insufficient data to determine if 538708's interest payments on its debt are well covered by EBIT.