Indus Gas Balance Sheet Health
Financial Health criteria checks 2/6
Indus Gas has a total shareholder equity of $363.6M and total debt of $858.7M, which brings its debt-to-equity ratio to 236.1%. Its total assets and total liabilities are $1.4B and $1.0B respectively.
Key information
236.1%
Debt to equity ratio
US$858.67m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.07m |
| Equity | US$363.63m |
| Total liabilities | US$1.05b |
| Total assets | US$1.41b |
Recent financial health updates
Recent updates
Indus Gas (LON:INDI) Will Want To Turn Around Its Return Trends
Jul 12
Indus Gas (LON:INDI) Might Be Having Difficulty Using Its Capital Effectively
Dec 13Indus Gas (LON:INDI) Is Reinvesting At Lower Rates Of Return
Jul 13Returns On Capital Signal Tricky Times Ahead For Indus Gas (LON:INDI)
Aug 18There Are Reasons To Feel Uneasy About Indus Gas' (LON:INDI) Returns On Capital
Mar 22A Closer Look At Indus Gas Limited's (LON:INDI) Impressive ROE
Feb 22Does Indus Gas' (LON:INDI) Share Price Gain of 73% Match Its Business Performance?
Feb 01
Does Indus Gas (LON:INDI) Have A Healthy Balance Sheet?
Jan 11Is Indus Gas (LON:INDI) Likely To Turn Things Around?
Dec 20Should We Be Delighted With Indus Gas Limited's (LON:INDI) ROE Of 20%?
Nov 23Financial Position Analysis
Short Term Liabilities: INDI's short term assets ($118.9M) exceed its short term liabilities ($47.6M).
Long Term Liabilities: INDI's short term assets ($118.9M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: INDI's net debt to equity ratio (235.6%) is considered high.
Reducing Debt: INDI's debt to equity ratio has reduced from 311.3% to 236.1% over the past 5 years.
Debt Coverage: INDI's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: Insufficient data to determine if INDI's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 09:45 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Indus Gas Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Slater | Arden Partners Plc. |
| Mark Henderson | Stockdale Securities |