INOX India Balance Sheet Health
Financial Health criteria checks 5/6
INOX India has a total shareholder equity of ₹5.5B and total debt of ₹426.9M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ₹11.6B and ₹6.0B respectively. INOX India's EBIT is ₹2.2B making its interest coverage ratio 110. It has cash and short-term investments of ₹2.5B.
Key information
7.7%
Debt to equity ratio
₹426.87m
Debt
Interest coverage ratio | 110x |
Cash | ₹2.54b |
Equity | ₹5.54b |
Total liabilities | ₹6.02b |
Total assets | ₹11.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: INOXINDIA's short term assets (₹9.0B) exceed its short term liabilities (₹5.7B).
Long Term Liabilities: INOXINDIA's short term assets (₹9.0B) exceed its long term liabilities (₹268.8M).
Debt to Equity History and Analysis
Debt Level: INOXINDIA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if INOXINDIA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: INOXINDIA's debt is well covered by operating cash flow (296%).
Interest Coverage: INOXINDIA's interest payments on its debt are well covered by EBIT (110x coverage).