California Software Balance Sheet Health
Financial Health criteria checks 2/6
California Software has a total shareholder equity of ₹122.1M and total debt of ₹83.1M, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are ₹219.0M and ₹96.9M respectively. California Software's EBIT is ₹8.7M making its interest coverage ratio -1457.2. It has cash and short-term investments of ₹504.0K.
Key information
68.1%
Debt to equity ratio
₹83.14m
Debt
| Interest coverage ratio | -1457.2x |
| Cash | ₹504.00k |
| Equity | ₹122.08m |
| Total liabilities | ₹96.91m |
| Total assets | ₹218.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532386's short term assets (₹189.6M) exceed its short term liabilities (₹96.9M).
Long Term Liabilities: 532386's short term assets (₹189.6M) do not cover its long term liabilities (₹-1,000.0).
Debt to Equity History and Analysis
Debt Level: 532386's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: 532386's debt to equity ratio has increased from 10.7% to 68.1% over the past 5 years.
Debt Coverage: 532386's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532386 earns more interest than it pays, so coverage of interest payments is not a concern.