IKIO Lighting Balance Sheet Health
Financial Health criteria checks 4/6
IKIO Lighting has a total shareholder equity of ₹5.5B and total debt of ₹703.3M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are ₹6.6B and ₹1.0B respectively. IKIO Lighting's EBIT is ₹727.9M making its interest coverage ratio -7.5. It has cash and short-term investments of ₹1.9B.
Key information
12.7%
Debt to equity ratio
₹703.28m
Debt
| Interest coverage ratio | -7.5x |
| Cash | ₹1.88b |
| Equity | ₹5.53b |
| Total liabilities | ₹1.05b |
| Total assets | ₹6.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543923's short term assets (₹4.6B) exceed its short term liabilities (₹798.9M).
Long Term Liabilities: 543923's short term assets (₹4.6B) exceed its long term liabilities (₹250.1M).
Debt to Equity History and Analysis
Debt Level: 543923 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543923's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543923's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543923 earns more interest than it pays, so coverage of interest payments is not a concern.