Ingersoll-Rand (India) Balance Sheet Health
Financial Health criteria checks 5/6
Ingersoll-Rand (India) has a total shareholder equity of ₹6.2B and total debt of ₹30.2M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹8.8B and ₹2.6B respectively. Ingersoll-Rand (India)'s EBIT is ₹2.9B making its interest coverage ratio -25.9. It has cash and short-term investments of ₹3.0B.
Key information
0.5%
Debt to equity ratio
₹30.20m
Debt
Interest coverage ratio | -25.9x |
Cash | ₹3.02b |
Equity | ₹6.19b |
Total liabilities | ₹2.57b |
Total assets | ₹8.76b |
Recent financial health updates
No updates
Recent updates
Shareholders Would Enjoy A Repeat Of Ingersoll-Rand (India)'s (NSE:INGERRAND) Recent Growth In Returns
Mar 14Ingersoll-Rand (India) (NSE:INGERRAND) Knows How To Allocate Capital Effectively
Sep 14Ingersoll-Rand (India) (NSE:INGERRAND) Has Affirmed Its Dividend Of ₹20.00
Jul 07Under The Bonnet, Ingersoll-Rand (India)'s (NSE:INGERRAND) Returns Look Impressive
May 15We Think Ingersoll-Rand (India) (NSE:INGERRAND) Might Have The DNA Of A Multi-Bagger
Feb 14Ingersoll-Rand (India)'s (NSE:INGERRAND) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 19The Trend Of High Returns At Ingersoll-Rand (India) (NSE:INGERRAND) Has Us Very Interested
Jun 18Ingersoll-Rand (India) (NSE:INGERRAND) Could Become A Multi-Bagger
Mar 03Investors Should Be Encouraged By Ingersoll-Rand (India)'s (NSE:INGERRAND) Returns On Capital
Nov 11Financial Position Analysis
Short Term Liabilities: INGERRAND's short term assets (₹7.1B) exceed its short term liabilities (₹2.5B).
Long Term Liabilities: INGERRAND's short term assets (₹7.1B) exceed its long term liabilities (₹73.1M).
Debt to Equity History and Analysis
Debt Level: INGERRAND has more cash than its total debt.
Reducing Debt: INGERRAND's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: INGERRAND's debt is well covered by operating cash flow (6958%).
Interest Coverage: INGERRAND earns more interest than it pays, so coverage of interest payments is not a concern.