Ecoboard Industries Balance Sheet Health
Financial Health criteria checks 3/6
Ecoboard Industries has a total shareholder equity of ₹155.4M and total debt of ₹245.8M, which brings its debt-to-equity ratio to 158.1%. Its total assets and total liabilities are ₹584.0M and ₹428.6M respectively.
Key information
158.1%
Debt to equity ratio
₹245.79m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.72m |
| Equity | ₹155.42m |
| Total liabilities | ₹428.63m |
| Total assets | ₹584.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523732's short term assets (₹278.2M) exceed its short term liabilities (₹205.0M).
Long Term Liabilities: 523732's short term assets (₹278.2M) exceed its long term liabilities (₹223.7M).
Debt to Equity History and Analysis
Debt Level: 523732's net debt to equity ratio (157%) is considered high.
Reducing Debt: 523732 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 523732 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 523732 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.3% each year.