IEL Balance Sheet Health
Financial Health criteria checks 5/6
IEL has a total shareholder equity of ₹16.6M and total debt of ₹9.0M, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are ₹31.2M and ₹14.5M respectively. IEL's EBIT is ₹19.0M making its interest coverage ratio -760.6. It has cash and short-term investments of ₹3.8M.
Key information
54.1%
Debt to equity ratio
₹9.00m
Debt
| Interest coverage ratio | -760.6x |
| Cash | ₹3.77m |
| Equity | ₹16.63m |
| Total liabilities | ₹14.54m |
| Total assets | ₹31.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524614's short term assets (₹29.4M) exceed its short term liabilities (₹5.5M).
Long Term Liabilities: 524614's short term assets (₹29.4M) exceed its long term liabilities (₹9.0M).
Debt to Equity History and Analysis
Debt Level: 524614's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: 524614's debt to equity ratio has reduced from 56.7% to 54.1% 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.