Indus Gas Balance Sheet Health
Financial Health criteria checks 2/6
Indus Gas has a total shareholder equity of $356.2M and total debt of $839.9M, which brings its debt-to-equity ratio to 235.8%. Its total assets and total liabilities are $1.4B and $1.0B respectively.
Key information
235.8%
Debt to equity ratio
US$839.93m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.80m |
| Equity | US$356.19m |
| Total liabilities | US$1.03b |
| Total assets | US$1.38b |
Recent financial health updates
Recent updates
Indus Gas (LON:INDI) Might Be Having Difficulty Using Its Capital Effectively
Dec 13
Indus 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 ($125.2M) exceed its short term liabilities ($30.1M).
Long Term Liabilities: INDI's short term assets ($125.2M) do not cover its long term liabilities ($998.2M).
Debt to Equity History and Analysis
Debt Level: INDI's net debt to equity ratio (234.5%) is considered high.
Reducing Debt: INDI's debt to equity ratio has reduced from 328.3% to 235.8% over the past 5 years.
Debt Coverage: INDI's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: Insufficient data to determine if INDI's interest payments on its debt are well covered by EBIT.