Indo Tech Transformers Balance Sheet Health
Financial Health criteria checks 5/6
Indo Tech Transformers has a total shareholder equity of ₹1.8B and total debt of ₹47.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹3.4B and ₹1.6B respectively. Indo Tech Transformers's EBIT is ₹493.0M making its interest coverage ratio 32.3. It has cash and short-term investments of ₹465.9M.
Key information
2.6%
Debt to equity ratio
₹47.00m
Debt
Interest coverage ratio | 32.3x |
Cash | ₹465.90m |
Equity | ₹1.81b |
Total liabilities | ₹1.59b |
Total assets | ₹3.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532717's short term assets (₹2.8B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 532717's short term assets (₹2.8B) exceed its long term liabilities (₹60.3M).
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 2.6% over the past 5 years.
Debt Coverage: 532717's debt is well covered by operating cash flow (577.6%).
Interest Coverage: 532717's interest payments on its debt are well covered by EBIT (32.3x coverage).