Indo Tech Transformers Balance Sheet Health
Financial Health criteria checks 5/6
Indo Tech Transformers has a total shareholder equity of ₹2.4B and total debt of ₹43.7M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ₹4.1B and ₹1.7B respectively. Indo Tech Transformers's EBIT is ₹711.9M making its interest coverage ratio -110.4. It has cash and short-term investments of ₹673.7M.
Key information
1.8%
Debt to equity ratio
₹43.70m
Debt
| Interest coverage ratio | -110.4x |
| Cash | ₹673.70m |
| Equity | ₹2.41b |
| Total liabilities | ₹1.70b |
| Total assets | ₹4.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532717's short term assets (₹3.5B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 532717's short term assets (₹3.5B) exceed its long term liabilities (₹63.1M).
Debt to Equity History and Analysis
Debt Level: 532717 has more cash than its total debt.
Reducing Debt: 532717's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 532717's debt is well covered by operating cash flow (668.4%).
Interest Coverage: 532717 earns more interest than it pays, so coverage of interest payments is not a concern.