Igarashi Motors India Balance Sheet Health
Financial Health criteria checks 6/6
Igarashi Motors India has a total shareholder equity of ₹4.6B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ₹7.7B and ₹3.1B respectively. Igarashi Motors India's EBIT is ₹435.6M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹213.8M.
Key information
27.2%
Debt to equity ratio
₹1.25b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹213.80m |
| Equity | ₹4.60b |
| Total liabilities | ₹3.12b |
| Total assets | ₹7.72b |
Recent financial health updates
Igarashi Motors India (NSE:IGARASHI) Has A Somewhat Strained Balance Sheet
Aug 31
Does Igarashi Motors India (NSE:IGARASHI) Have A Healthy Balance Sheet?
Sep 11Igarashi Motors India (NSE:IGARASHI) Has A Pretty Healthy Balance Sheet
Mar 14Is Igarashi Motors India (NSE:IGARASHI) Using Too Much Debt?
Dec 07Recent updates
Revenues Not Telling The Story For Igarashi Motors India Limited (NSE:IGARASHI) After Shares Rise 29%
Nov 07There's Reason For Concern Over Igarashi Motors India Limited's (NSE:IGARASHI) Massive 31% Price Jump
Aug 09We Think The Compensation For Igarashi Motors India Limited's (NSE:IGARASHI) CEO Looks About Right
Aug 03Igarashi Motors India (NSE:IGARASHI) Will Pay A Dividend Of ₹1.00
Jul 18Returns On Capital At Igarashi Motors India (NSE:IGARASHI) Paint A Concerning Picture
Jun 19Market Participants Recognise Igarashi Motors India Limited's (NSE:IGARASHI) Revenues Pushing Shares 28% Higher
Apr 26Igarashi Motors India (NSE:IGARASHI) Has A Somewhat Strained Balance Sheet
Aug 31Does Igarashi Motors India (NSE:IGARASHI) Have A Healthy Balance Sheet?
Sep 11Would Igarashi Motors India Limited (NSE:IGARASHI) Be Valuable To Income Investors?
Apr 11Igarashi Motors India (NSE:IGARASHI) Has A Pretty Healthy Balance Sheet
Mar 14Is Igarashi Motors India Limited's (NSE:IGARASHI) Stock Price Struggling As A Result Of Its Mixed Financials?
Feb 21How Much Did Igarashi Motors India's(NSE:IGARASHI) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 31Is Igarashi Motors India Limited's (NSE:IGARASHI) 0.3% Dividend Worth Your Time?
Jan 11
We're Not Counting On Igarashi Motors India (NSE:IGARASHI) To Sustain Its Statutory Profitability
Dec 24Is Igarashi Motors India (NSE:IGARASHI) Using Too Much Debt?
Dec 07Igarashi Motors India Limited's (NSE:IGARASHI) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Nov 19If You Had Bought Igarashi Motors India's (NSE:IGARASHI) Shares Three Years Ago You Would Be Down 70%
Nov 01Should Igarashi Motors India Limited (NSE:IGARASHI) Be Part Of Your Dividend Portfolio?
Oct 06Financial Position Analysis
Short Term Liabilities: IGARASHI's short term assets (₹3.4B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: IGARASHI's short term assets (₹3.4B) exceed its long term liabilities (₹529.9M).
Debt to Equity History and Analysis
Debt Level: IGARASHI's net debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: IGARASHI's debt to equity ratio has reduced from 35.9% to 27.2% over the past 5 years.
Debt Coverage: IGARASHI's debt is well covered by operating cash flow (63%).
Interest Coverage: IGARASHI's interest payments on its debt are well covered by EBIT (4.2x coverage).