Encision Balance Sheet Health
Financial Health criteria checks 5/6
Encision has a total shareholder equity of $1.7M and total debt of $322.4K, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are $3.5M and $1.8M respectively.
Key information
18.9%
Debt to equity ratio
US$322.39k
Debt
| Interest coverage ratio | n/a |
| Cash | US$230.01k |
| Equity | US$1.70m |
| Total liabilities | US$1.82m |
| Total assets | US$3.52m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECIA's short term assets ($2.3M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: ECIA's short term assets ($2.3M) exceed its long term liabilities ($681.9K).
Debt to Equity History and Analysis
Debt Level: ECIA's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: ECIA's debt to equity ratio has increased from 4.2% to 18.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ECIA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ECIA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.8% per year.