Ircon International Balance Sheet Health
Financial Health criteria checks 4/6
Ircon International has a total shareholder equity of ₹62.1B and total debt of ₹33.6B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are ₹178.7B and ₹116.6B respectively. Ircon International's EBIT is ₹7.8B making its interest coverage ratio -2.4. It has cash and short-term investments of ₹48.6B.
Key information
54.1%
Debt to equity ratio
₹33.62b
Debt
| Interest coverage ratio | -2.4x |
| Cash | ₹48.64b |
| Equity | ₹62.13b |
| Total liabilities | ₹116.59b |
| Total assets | ₹178.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541956's short term assets (₹105.2B) exceed its short term liabilities (₹65.2B).
Long Term Liabilities: 541956's short term assets (₹105.2B) exceed its long term liabilities (₹51.4B).
Debt to Equity History and Analysis
Debt Level: 541956 has more cash than its total debt.
Reducing Debt: 541956's debt to equity ratio has increased from 50.2% to 54.1% over the past 5 years.
Debt Coverage: 541956's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 541956 earns more interest than it pays, so coverage of interest payments is not a concern.