Igarashi Motors India Limited

NSEI:IGARASHI Stock Report

Market Cap: ₹16.4b

Igarashi Motors India Balance Sheet Health

Financial Health criteria checks 5/6

Igarashi Motors India has a total shareholder equity of ₹4.5B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are ₹7.7B and ₹3.3B respectively. Igarashi Motors India's EBIT is ₹250.0M making its interest coverage ratio 2. It has cash and short-term investments of ₹200.4M.

Key information

25.1%

Debt to equity ratio

₹1.12b

Debt

Interest coverage ratio2x
Cash₹200.44m
Equity₹4.47b
Total liabilities₹3.27b
Total assets₹7.74b

Recent financial health updates

Recent updates

Market Participants Recognise Igarashi Motors India Limited's (NSE:IGARASHI) Revenues Pushing Shares 28% Higher

Apr 26
Market Participants Recognise Igarashi Motors India Limited's (NSE:IGARASHI) Revenues Pushing Shares 28% Higher

Igarashi Motors India (NSE:IGARASHI) Has A Somewhat Strained Balance Sheet

Aug 31
Igarashi Motors India (NSE:IGARASHI) Has A Somewhat Strained Balance Sheet

Does Igarashi Motors India (NSE:IGARASHI) Have A Healthy Balance Sheet?

Sep 11
Does Igarashi Motors India (NSE:IGARASHI) Have A Healthy Balance Sheet?

Would Igarashi Motors India Limited (NSE:IGARASHI) Be Valuable To Income Investors?

Apr 11
Would Igarashi Motors India Limited (NSE:IGARASHI) Be Valuable To Income Investors?

Igarashi Motors India (NSE:IGARASHI) Has A Pretty Healthy Balance Sheet

Mar 14
Igarashi Motors India (NSE:IGARASHI) Has A Pretty Healthy Balance Sheet

Is Igarashi Motors India Limited's (NSE:IGARASHI) Stock Price Struggling As A Result Of Its Mixed Financials?

Feb 21
Is Igarashi Motors India Limited's (NSE:IGARASHI) Stock Price Struggling As A Result Of Its Mixed Financials?

How Much Did Igarashi Motors India's(NSE:IGARASHI) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 31
How Much Did Igarashi Motors India's(NSE:IGARASHI) Shareholders Earn From Share Price Movements Over The Last Three Years?

Is Igarashi Motors India Limited's (NSE:IGARASHI) 0.3% Dividend Worth Your Time?

Jan 11
Is Igarashi Motors India Limited's (NSE:IGARASHI) 0.3% Dividend Worth Your Time?

We're Not Counting On Igarashi Motors India (NSE:IGARASHI) To Sustain Its Statutory Profitability

Dec 24
We're Not Counting On Igarashi Motors India (NSE:IGARASHI) To Sustain Its Statutory Profitability

Is Igarashi Motors India (NSE:IGARASHI) Using Too Much Debt?

Dec 07
Is Igarashi Motors India (NSE:IGARASHI) Using Too Much Debt?

Igarashi 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 19
Igarashi Motors India Limited's (NSE:IGARASHI) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

If You Had Bought Igarashi Motors India's (NSE:IGARASHI) Shares Three Years Ago You Would Be Down 70%

Nov 01
If You Had Bought Igarashi Motors India's (NSE:IGARASHI) Shares Three Years Ago You Would Be Down 70%

Should Igarashi Motors India Limited (NSE:IGARASHI) Be Part Of Your Dividend Portfolio?

Oct 06
Should Igarashi Motors India Limited (NSE:IGARASHI) Be Part Of Your Dividend Portfolio?

Financial Position Analysis

Short Term Liabilities: IGARASHI's short term assets (₹3.6B) exceed its short term liabilities (₹2.7B).

Long Term Liabilities: IGARASHI's short term assets (₹3.6B) exceed its long term liabilities (₹609.2M).


Debt to Equity History and Analysis

Debt Level: IGARASHI's net debt to equity ratio (20.6%) is considered satisfactory.

Reducing Debt: IGARASHI's debt to equity ratio has reduced from 27.5% to 25.1% over the past 5 years.

Debt Coverage: IGARASHI's debt is well covered by operating cash flow (44.9%).

Interest Coverage: IGARASHI's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


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