California Software Balance Sheet Health
Financial Health criteria checks 2/6
California Software has a total shareholder equity of ₹118.3M and total debt of ₹73.4M, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are ₹264.3M and ₹146.0M respectively. California Software's EBIT is ₹364.0K making its interest coverage ratio 60.7. It has cash and short-term investments of ₹769.0K.
Key information
62.1%
Debt to equity ratio
₹73.44m
Debt
Interest coverage ratio | 60.7x |
Cash | ₹769.00k |
Equity | ₹118.29m |
Total liabilities | ₹146.02m |
Total assets | ₹264.31m |
Recent financial health updates
No updates
Recent updates
Do California Software's (NSE:CALSOFT) Earnings Warrant Your Attention?
Jul 09If You Like EPS Growth Then Check Out California Software (NSE:CALSOFT) Before It's Too Late
Dec 17A Look At The Intrinsic Value Of California Software Company Limited (NSE:CALSOFT)
Oct 08Some California Software Company Limited (NSE:CALSOFT) Shareholders Look For Exit As Shares Take 50% Pounding
Jul 15Financial Position Analysis
Short Term Liabilities: CALSOFT's short term assets (₹231.7M) exceed its short term liabilities (₹146.0M).
Long Term Liabilities: CALSOFT's short term assets (₹231.7M) do not cover its long term liabilities (₹-1,000.0).
Debt to Equity History and Analysis
Debt Level: CALSOFT's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: CALSOFT's debt to equity ratio has increased from 7.4% to 62.1% over the past 5 years.
Debt Coverage: Insufficient data to determine if CALSOFT's debt is well covered by operating cash flow.
Interest Coverage: CALSOFT's interest payments on its debt are well covered by EBIT (60.7x coverage).