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 ₹426.2M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ₹2.9B and ₹1.3B respectively. Innovators Façade Systems's EBIT is ₹298.8M making its interest coverage ratio 5.7. It has cash and short-term investments of ₹237.2M.
Key information
27.7%
Debt to equity ratio
₹426.16m
Debt
| Interest coverage ratio | 5.7x |
| Cash | ₹237.19m |
| Equity | ₹1.54b |
| Total liabilities | ₹1.32b |
| Total assets | ₹2.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541353's short term assets (₹1.8B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 541353's short term assets (₹1.8B) exceed its long term liabilities (₹157.1M).
Debt to Equity History and Analysis
Debt Level: 541353's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: 541353's debt to equity ratio has reduced from 33.8% to 27.7% over the past 5 years.
Debt Coverage: 541353's debt is well covered by operating cash flow (101.2%).
Interest Coverage: 541353's interest payments on its debt are well covered by EBIT (5.7x coverage).