Indo National Balance Sheet Health
Financial Health criteria checks 4/6
Indo National has a total shareholder equity of ₹2.7B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are ₹6.0B and ₹3.3B respectively. Indo National's EBIT is ₹230.7M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹322.8M.
Key information
51.1%
Debt to equity ratio
₹1.40b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹322.79m |
Equity | ₹2.73b |
Total liabilities | ₹3.26b |
Total assets | ₹5.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504058's short term assets (₹3.3B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 504058's short term assets (₹3.3B) exceed its long term liabilities (₹916.7M).
Debt to Equity History and Analysis
Debt Level: 504058's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: 504058's debt to equity ratio has increased from 46.1% to 51.1% over the past 5 years.
Debt Coverage: 504058's debt is well covered by operating cash flow (31.2%).
Interest Coverage: 504058's interest payments on its debt are not well covered by EBIT (1.7x coverage).