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 ₹432.1M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹213.8M.
Key information
27.2%
Debt to equity ratio
₹1.25b
Debt
| Interest coverage ratio | 4.1x |
| 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 (4.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 15:51 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| 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
Igarashi Motors India Limited is covered by 6 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 |
|---|---|
| Vijayaraghavan Swaminathan | Avendus Spark |
| Mukesh Saraf | Avendus Spark |
| Pranoy Kurian | Centrum Broking (Non-Insti) Clients |