Cambridge Technology Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Cambridge Technology Enterprises has a total shareholder equity of ₹992.2M and total debt of ₹569.3M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are ₹1.8B and ₹774.8M respectively. Cambridge Technology Enterprises's EBIT is ₹78.0M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹277.5M.
Key information
57.4%
Debt to equity ratio
₹569.28m
Debt
Interest coverage ratio | 2.6x |
Cash | ₹277.49m |
Equity | ₹992.16m |
Total liabilities | ₹774.77m |
Total assets | ₹1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532801's short term assets (₹1.1B) exceed its short term liabilities (₹435.7M).
Long Term Liabilities: 532801's short term assets (₹1.1B) exceed its long term liabilities (₹339.1M).
Debt to Equity History and Analysis
Debt Level: 532801's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: 532801's debt to equity ratio has increased from 21.4% to 57.4% over the past 5 years.
Debt Coverage: 532801's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532801's interest payments on its debt are not well covered by EBIT (2.6x coverage).