International Combustion (India) Balance Sheet Health
Financial Health criteria checks 6/6
International Combustion (India) has a total shareholder equity of ₹1.1B and total debt of ₹218.2M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are ₹2.1B and ₹949.5M respectively. International Combustion (India)'s EBIT is ₹323.3M making its interest coverage ratio 35.7. It has cash and short-term investments of ₹162.0M.
Key information
19.6%
Debt to equity ratio
₹218.15m
Debt
Interest coverage ratio | 35.7x |
Cash | ₹162.03m |
Equity | ₹1.11b |
Total liabilities | ₹949.50m |
Total assets | ₹2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505737's short term assets (₹1.5B) exceed its short term liabilities (₹912.2M).
Long Term Liabilities: 505737's short term assets (₹1.5B) exceed its long term liabilities (₹37.3M).
Debt to Equity History and Analysis
Debt Level: 505737's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: 505737's debt to equity ratio has reduced from 25.1% to 19.6% over the past 5 years.
Debt Coverage: 505737's debt is well covered by operating cash flow (24.5%).
Interest Coverage: 505737's interest payments on its debt are well covered by EBIT (35.7x coverage).