Encision Balance Sheet Health
Financial Health criteria checks 5/6
Encision has a total shareholder equity of $2.2M and total debt of $277.6K, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are $4.3M and $2.1M respectively.
Key information
12.7%
Debt to equity ratio
US$277.55k
Debt
Interest coverage ratio | n/a |
Cash | US$99.24k |
Equity | US$2.19m |
Total liabilities | US$2.09m |
Total assets | US$4.29m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECIA's short term assets ($2.7M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: ECIA's short term assets ($2.7M) exceed its long term liabilities ($1.0M).
Debt to Equity History and Analysis
Debt Level: ECIA's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: ECIA's debt to equity ratio has increased from 0% to 12.7% 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: ECIA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ECIA has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 37.2% each year.