IKIO Lighting Balance Sheet Health
Financial Health criteria checks 5/6
IKIO Lighting has a total shareholder equity of ₹5.5B and total debt of ₹284.1M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ₹6.8B and ₹1.3B respectively. IKIO Lighting's EBIT is ₹654.2M making its interest coverage ratio -6.2. It has cash and short-term investments of ₹1.4B.
Key information
5.2%
Debt to equity ratio
₹284.14m
Debt
| Interest coverage ratio | -6.2x |
| Cash | ₹1.45b |
| Equity | ₹5.50b |
| Total liabilities | ₹1.31b |
| Total assets | ₹6.82b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IKIO's short term assets (₹4.2B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: IKIO's short term assets (₹4.2B) exceed its long term liabilities (₹302.3M).
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 debt is well covered by operating cash flow (77.9%).
Interest Coverage: IKIO earns more interest than it pays, so coverage of interest payments is not a concern.