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
We Think Cambridge Technology Enterprises (NSE:CTE) Can Stay On Top Of Its Debt
Jun 06
Here's Why Cambridge Technology Enterprises (NSE:CTE) Can Manage Its Debt Responsibly
Dec 26Is Cambridge Technology Enterprises (NSE:CTE) Using Too Much Debt?
Aug 08Is Cambridge Technology Enterprises (NSE:CTE) A Risky Investment?
Feb 10Here's Why Cambridge Technology Enterprises (NSE:CTE) Can Manage Its Debt Responsibly
Jul 05Cambridge Technology Enterprises (NSE:CTE) Seems To Use Debt Quite Sensibly
Dec 01
Recent updates
We Think Cambridge Technology Enterprises (NSE:CTE) Can Stay On Top Of Its Debt
Jun 06Returns On Capital Signal Tricky Times Ahead For Cambridge Technology Enterprises (NSE:CTE)
May 04Here's Why Cambridge Technology Enterprises (NSE:CTE) Can Manage Its Debt Responsibly
Dec 26Is Cambridge Technology Enterprises (NSE:CTE) Using Too Much Debt?
Aug 08Cambridge Technology Enterprises' (NSE:CTE) Earnings Are Weaker Than They Seem
Jun 04Estimating The Intrinsic Value Of Cambridge Technology Enterprises Limited (NSE:CTE)
May 13Is Cambridge Technology Enterprises (NSE:CTE) A Risky Investment?
Feb 10Be Wary Of Cambridge Technology Enterprises (NSE:CTE) And Its Returns On Capital
Jan 11Calculating The Fair Value Of Cambridge Technology Enterprises Limited (NSE:CTE)
Oct 25There Are Reasons To Feel Uneasy About Cambridge Technology Enterprises' (NSE:CTE) Returns On Capital
Sep 15Here's Why Cambridge Technology Enterprises (NSE:CTE) Can Manage Its Debt Responsibly
Jul 05Calculating The Intrinsic Value Of Cambridge Technology Enterprises Limited (NSE:CTE)
May 10Our Take On The Returns On Capital At Cambridge Technology Enterprises (NSE:CTE)
Jan 25Cambridge Technology Enterprises Limited's (NSE:CTE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Dec 27Cambridge Technology Enterprises (NSE:CTE) Seems To Use Debt Quite Sensibly
Dec 01Returns On Capital At Cambridge Technology Enterprises (NSE:CTE) Paint An Interesting Picture
Oct 27Have Insiders Been Buying Cambridge Technology Enterprises Limited (NSE:CTE) Shares This Year?
Sep 22Market Sees Little To Confide In Cambridge Technology Enterprises Limited (NSE:CTE) Yet
Aug 18Cambridge Technology Enterprises Limited (NSE:CTE) Looks Inexpensive But Perhaps Not Attractive Enough
Jul 30Financial Position Analysis
Short Term Liabilities: CTE's short term assets (₹1.1B) exceed its short term liabilities (₹435.7M).
Long Term Liabilities: CTE's short term assets (₹1.1B) exceed its long term liabilities (₹339.1M).
Debt to Equity History and Analysis
Debt Level: CTE's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: CTE's debt to equity ratio has increased from 21.4% to 57.4% over the past 5 years.
Debt Coverage: CTE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CTE's interest payments on its debt are not well covered by EBIT (2.6x coverage).