IEL Balance Sheet Health
Financial Health criteria checks 3/6
IEL has a total shareholder equity of ₹12.2M and total debt of ₹9.0M, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are ₹37.6M and ₹25.4M respectively. IEL's EBIT is ₹6.8M making its interest coverage ratio -270.4. It has cash and short-term investments of ₹4.1M.
Key information
73.6%
Debt to equity ratio
₹9.00m
Debt
| Interest coverage ratio | -270.4x |
| Cash | ₹4.09m |
| Equity | ₹12.24m |
| Total liabilities | ₹25.35m |
| Total assets | ₹37.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524614's short term assets (₹35.7M) exceed its short term liabilities (₹16.4M).
Long Term Liabilities: 524614's short term assets (₹35.7M) exceed its long term liabilities (₹9.0M).
Debt to Equity History and Analysis
Debt Level: 524614's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: 524614's debt to equity ratio has increased from 57% to 73.6% over the past 5 years.
Debt Coverage: 524614's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 524614 earns more interest than it pays, so coverage of interest payments is not a concern.