Heramba Electric Balance Sheet Health
Financial Health criteria checks 0/6
Heramba Electric has a total shareholder equity of €-3.1M and total debt of €4.7M, which brings its debt-to-equity ratio to -151.1%. Its total assets and total liabilities are €2.6M and €5.7M respectively.
Key information
-151.1%
Debt to equity ratio
€4.67m
Debt
| Interest coverage ratio | n/a |
| Cash | €1.02m |
| Equity | -€3.09m |
| Total liabilities | €5.65m |
| Total assets | €2.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PITA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PITA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PITA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PITA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PITA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PITA's interest payments on its debt are well covered by EBIT.