International Conveyors Balance Sheet Health
Financial Health criteria checks 5/6
International Conveyors has a total shareholder equity of ₹3.3B and total debt of ₹916.6M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are ₹4.9B and ₹1.6B respectively. International Conveyors's EBIT is ₹144.9M making its interest coverage ratio -4.8. It has cash and short-term investments of ₹2.1B.
Key information
27.6%
Debt to equity ratio
₹916.60m
Debt
| Interest coverage ratio | -4.8x |
| Cash | ₹2.10b |
| Equity | ₹3.33b |
| Total liabilities | ₹1.56b |
| Total assets | ₹4.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509709's short term assets (₹4.2B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 509709's short term assets (₹4.2B) exceed its long term liabilities (₹307.1M).
Debt to Equity History and Analysis
Debt Level: 509709 has more cash than its total debt.
Reducing Debt: 509709's debt to equity ratio has reduced from 61.2% to 27.6% over the past 5 years.
Debt Coverage: 509709's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 509709 earns more interest than it pays, so coverage of interest payments is not a concern.