Electronic Tele-Communications Balance Sheet Health
Financial Health criteria checks 0/6
Electronic Tele-Communications has a total shareholder equity of $-544.4K and total debt of $323.0K, which brings its debt-to-equity ratio to -59.3%. Its total assets and total liabilities are $142.9K and $687.3K respectively. Electronic Tele-Communications's EBIT is $32.5K making its interest coverage ratio 1.3. It has cash and short-term investments of $29.1K.
Key information
-59.3%
Debt to equity ratio
US$323.00k
Debt
Interest coverage ratio | 1.3x |
Cash | US$29.08k |
Equity | -US$544.35k |
Total liabilities | US$687.27k |
Total assets | US$142.92k |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ETCI.A has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ETCI.A 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: ETCI.A has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ETCI.A's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ETCI.A's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: ETCI.A's interest payments on its debt are not well covered by EBIT (1.3x coverage).