Equippp Social Impact Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Equippp Social Impact Technologies has a total shareholder equity of ₹60.7M and total debt of ₹77.6M, which brings its debt-to-equity ratio to 128%. Its total assets and total liabilities are ₹149.7M and ₹89.0M respectively. Equippp Social Impact Technologies's EBIT is ₹2.4M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹11.7M.
Key information
128.0%
Debt to equity ratio
₹77.65m
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₹11.66m |
| Equity | ₹60.66m |
| Total liabilities | ₹89.02m |
| Total assets | ₹149.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590057's short term assets (₹68.8M) exceed its short term liabilities (₹11.4M).
Long Term Liabilities: 590057's short term assets (₹68.8M) do not cover its long term liabilities (₹77.6M).
Debt to Equity History and Analysis
Debt Level: 590057's net debt to equity ratio (108.8%) is considered high.
Reducing Debt: 590057 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 590057 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 590057 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.