Econo Trade (India) Balance Sheet Health
Financial Health criteria checks 2/6
Econo Trade (India) has a total shareholder equity of ₹435.9M and total debt of ₹292.2M, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are ₹732.5M and ₹296.6M respectively.
Key information
67.0%
Debt to equity ratio
₹292.17m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹271.00k |
| Equity | ₹435.87m |
| Total liabilities | ₹296.63m |
| Total assets | ₹732.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538708's short term assets (₹649.2M) exceed its short term liabilities (₹295.7M).
Long Term Liabilities: 538708's short term assets (₹649.2M) exceed its long term liabilities (₹912.0K).
Debt to Equity History and Analysis
Debt Level: 538708's net debt to equity ratio (67%) is considered high.
Reducing Debt: 538708's debt to equity ratio has increased from 0% to 67% over the past 5 years.
Debt Coverage: 538708's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 538708's interest payments on its debt are well covered by EBIT.