Indo National Balance Sheet Health
Financial Health criteria checks 6/6
Indo National has a total shareholder equity of ₹4.8B and total debt of ₹364.7M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ₹7.2B and ₹2.4B respectively. Indo National's EBIT is ₹54.2M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹490.4M.
Key information
7.6%
Debt to equity ratio
₹364.73m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹490.36m |
| Equity | ₹4.83b |
| Total liabilities | ₹2.36b |
| Total assets | ₹7.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504058's short term assets (₹3.6B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 504058's short term assets (₹3.6B) exceed its long term liabilities (₹624.1M).
Debt to Equity History and Analysis
Debt Level: 504058 has more cash than its total debt.
Reducing Debt: 504058's debt to equity ratio has reduced from 40.8% to 7.6% over the past 5 years.
Debt Coverage: 504058's debt is well covered by operating cash flow (65.8%).
Interest Coverage: 504058's interest payments on its debt are well covered by EBIT (3.2x coverage).