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 ₹451.8M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ₹6.6B and ₹1.0B respectively. IKIO Lighting's EBIT is ₹807.2M making its interest coverage ratio 7. It has cash and short-term investments of ₹1.9B.
Key information
8.2%
Debt to equity ratio
₹451.78m
Debt
| Interest coverage ratio | 7x |
| Cash | ₹1.91b |
| Equity | ₹5.53b |
| Total liabilities | ₹1.05b |
| Total assets | ₹6.58b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IKIO's short term assets (₹4.6B) exceed its short term liabilities (₹798.9M).
Long Term Liabilities: IKIO's short term assets (₹4.6B) exceed its long term liabilities (₹250.1M).
Debt to Equity History and Analysis
Debt Level: IKIO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if IKIO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IKIO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IKIO's interest payments on its debt are well covered by EBIT (7x coverage).