Esconet Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Esconet Technologies has a total shareholder equity of ₹395.8M and total debt of ₹54.4M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are ₹1.3B and ₹888.5M respectively. Esconet Technologies's EBIT is ₹78.7M making its interest coverage ratio 5.6. It has cash and short-term investments of ₹93.9M.
Key information
13.7%
Debt to equity ratio
₹54.40m
Debt
| Interest coverage ratio | 5.6x |
| Cash | ₹93.90m |
| Equity | ₹395.80m |
| Total liabilities | ₹888.50m |
| Total assets | ₹1.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ESCONET's short term assets (₹1.2B) exceed its short term liabilities (₹866.7M).
Long Term Liabilities: ESCONET's short term assets (₹1.2B) exceed its long term liabilities (₹21.8M).
Debt to Equity History and Analysis
Debt Level: ESCONET has more cash than its total debt.
Reducing Debt: ESCONET's debt to equity ratio has reduced from 221.8% to 13.7% over the past 5 years.
Debt Coverage: ESCONET's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ESCONET's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 02:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Esconet Technologies Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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