ideaForge Technology Balance Sheet Health
Financial Health criteria checks 6/6
ideaForge Technology has a total shareholder equity of ₹6.6B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹7.4B and ₹819.1M respectively. ideaForge Technology's EBIT is ₹343.1M making its interest coverage ratio 9.4. It has cash and short-term investments of ₹3.6B.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 9.4x |
Cash | ₹3.59b |
Equity | ₹6.61b |
Total liabilities | ₹819.11m |
Total assets | ₹7.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543932's short term assets (₹6.0B) exceed its short term liabilities (₹684.6M).
Long Term Liabilities: 543932's short term assets (₹6.0B) exceed its long term liabilities (₹134.5M).
Debt to Equity History and Analysis
Debt Level: 543932 is debt free.
Reducing Debt: 543932 has no debt compared to 5 years ago when its debt to equity ratio was 3.6%.
Debt Coverage: 543932 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 543932 has no debt, therefore coverage of interest payments is not a concern.