Innovators Façade Systems Balance Sheet Health
Financial Health criteria checks 6/6
Innovators Façade Systems has a total shareholder equity of ₹1.5B and total debt of ₹393.8M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are ₹2.7B and ₹1.3B respectively. Innovators Façade Systems's EBIT is ₹249.8M making its interest coverage ratio 5.9. It has cash and short-term investments of ₹242.2M.
Key information
27.0%
Debt to equity ratio
₹393.75m
Debt
| Interest coverage ratio | 5.9x |
| Cash | ₹242.19m |
| Equity | ₹1.46b |
| Total liabilities | ₹1.25b |
| Total assets | ₹2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541353's short term assets (₹1.7B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 541353's short term assets (₹1.7B) exceed its long term liabilities (₹155.1M).
Debt to Equity History and Analysis
Debt Level: 541353's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: 541353's debt to equity ratio has reduced from 38.2% to 27% over the past 5 years.
Debt Coverage: 541353's debt is well covered by operating cash flow (77.7%).
Interest Coverage: 541353's interest payments on its debt are well covered by EBIT (5.9x coverage).