Equippp Social Impact Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Equippp Social Impact Technologies has a total shareholder equity of ₹61.4M and total debt of ₹14.4M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are ₹86.4M and ₹25.0M respectively.
Key information
23.4%
Debt to equity ratio
₹14.36m
Debt
Interest coverage ratio | n/a |
Cash | ₹544.00k |
Equity | ₹61.38m |
Total liabilities | ₹25.05m |
Total assets | ₹86.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590057's short term assets (₹8.9M) do not cover its short term liabilities (₹10.7M).
Long Term Liabilities: 590057's short term assets (₹8.9M) do not cover its long term liabilities (₹14.4M).
Debt to Equity History and Analysis
Debt Level: 590057's net debt to equity ratio (22.5%) is considered satisfactory.
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: 590057 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.9% each year