ECS Biztech Balance Sheet Health
Financial Health criteria checks 2/6
ECS Biztech has a total shareholder equity of ₹-49.1M and total debt of ₹56.7M, which brings its debt-to-equity ratio to -115.4%. Its total assets and total liabilities are ₹24.2M and ₹73.3M respectively. ECS Biztech's EBIT is ₹104.0K making its interest coverage ratio 5.2. It has cash and short-term investments of ₹152.0K.
Key information
-115.4%
Debt to equity ratio
₹56.66m
Debt
Interest coverage ratio | 5.2x |
Cash | ₹152.00k |
Equity | -₹49.11m |
Total liabilities | ₹73.30m |
Total assets | ₹24.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540063 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 540063 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 540063 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 540063's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 540063's debt is well covered by operating cash flow (92.1%).
Interest Coverage: 540063's interest payments on its debt are well covered by EBIT (5.2x coverage).