Esconet Technologies Limited

NSEI:ESCONET Stock Report

Market Cap: ₹5.0b

Esconet Technologies Balance Sheet Health

Financial Health criteria checks 5/6

Esconet Technologies has a total shareholder equity of ₹368.9M and total debt of ₹23.4M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are ₹722.1M and ₹353.2M respectively. Esconet Technologies's EBIT is ₹89.8M making its interest coverage ratio 5. It has cash and short-term investments of ₹138.4M.

Key information

6.4%

Debt to equity ratio

₹23.43m

Debt

Interest coverage ratio5x
Cash₹138.44m
Equity₹368.95m
Total liabilities₹353.19m
Total assets₹722.14m

Recent financial health updates

No updates

Recent updates

Why Investors Shouldn't Be Surprised By Esconet Technologies Limited's (NSE:ESCONET) 31% Share Price Surge

Sep 13
Why Investors Shouldn't Be Surprised By Esconet Technologies Limited's (NSE:ESCONET) 31% Share Price Surge

Financial Position Analysis

Short Term Liabilities: ESCONET's short term assets (₹693.5M) exceed its short term liabilities (₹326.1M).

Long Term Liabilities: ESCONET's short term assets (₹693.5M) exceed its long term liabilities (₹27.1M).


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 179.1% to 6.4% 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 (5x coverage).


Balance Sheet


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