International Conveyors Balance Sheet Health
Financial Health criteria checks 6/6
International Conveyors has a total shareholder equity of ₹2.5B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are ₹4.1B and ₹1.5B respectively. International Conveyors's EBIT is ₹272.8M making its interest coverage ratio -8. It has cash and short-term investments of ₹1.8B.
Key information
47.3%
Debt to equity ratio
₹1.20b
Debt
Interest coverage ratio | -8x |
Cash | ₹1.81b |
Equity | ₹2.53b |
Total liabilities | ₹1.54b |
Total assets | ₹4.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509709's short term assets (₹3.1B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 509709's short term assets (₹3.1B) exceed its long term liabilities (₹71.0M).
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 62.8% to 47.3% over the past 5 years.
Debt Coverage: 509709's debt is well covered by operating cash flow (32.4%).
Interest Coverage: 509709 earns more interest than it pays, so coverage of interest payments is not a concern.