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 ratio | 5x |
| Cash | ₹138.44m |
| Equity | ₹368.95m |
| Total liabilities | ₹353.19m |
| Total assets | ₹722.14m |
Recent financial health updates
No updates
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).