SC Grupul Industrial Electrocontact Balance Sheet Health
Financial Health criteria checks 4/6
SC Grupul Industrial Electrocontact has a total shareholder equity of RON15.1M and total debt of RON293.8K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are RON15.6M and RON542.9K respectively. SC Grupul Industrial Electrocontact's EBIT is RON37.9K making its interest coverage ratio -714.7. It has cash and short-term investments of RON303.3K.
Key information
1.9%
Debt to equity ratio
RON293.84k
Debt
| Interest coverage ratio | -714.7x |
| Cash | RON303.27k |
| Equity | RON15.08m |
| Total liabilities | RON542.86k |
| Total assets | RON15.62m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ECT's short term assets (RON2.7M) exceed its short term liabilities (RON542.9K).
Long Term Liabilities: ECT's short term assets (RON2.7M) exceed its long term liabilities (RON1.0).
Debt to Equity History and Analysis
Debt Level: ECT has more cash than its total debt.
Reducing Debt: ECT's debt to equity ratio has increased from 0% to 1.9% over the past 5 years.
Debt Coverage: ECT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ECT earns more interest than it pays, so coverage of interest payments is not a concern.