California Software Balance Sheet Health
Financial Health criteria checks 3/6
California Software has a total shareholder equity of ₹124.5M and total debt of ₹92.4M, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are ₹232.7M and ₹108.2M respectively. California Software's EBIT is ₹9.4M making its interest coverage ratio -1561.2. It has cash and short-term investments of ₹374.0K.
Key information
74.2%
Debt to equity ratio
₹92.38m
Debt
| Interest coverage ratio | -1561.2x |
| Cash | ₹374.00k |
| Equity | ₹124.53m |
| Total liabilities | ₹108.21m |
| Total assets | ₹232.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532386's short term assets (₹206.2M) exceed its short term liabilities (₹108.2M).
Long Term Liabilities: 532386 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 532386's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: 532386's debt to equity ratio has increased from 12.8% to 74.2% 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.