Centerac Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Centerac Technologies has a total shareholder equity of ₹4.7M and total debt of ₹800.0K, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are ₹9.4M and ₹4.7M respectively. Centerac Technologies's EBIT is ₹309.0K making its interest coverage ratio -103. It has cash and short-term investments of ₹2.4M.
Key information
17.0%
Debt to equity ratio
₹800.00k
Debt
Interest coverage ratio | -103x |
Cash | ₹2.36m |
Equity | ₹4.72m |
Total liabilities | ₹4.69m |
Total assets | ₹9.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531621's short term assets (₹9.4M) exceed its short term liabilities (₹4.7M).
Long Term Liabilities: 531621 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531621 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 531621's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 531621's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531621 earns more interest than it pays, so coverage of interest payments is not a concern.