Ircon International Balance Sheet Health
Financial Health criteria checks 5/6
Ircon International has a total shareholder equity of ₹55.6B and total debt of ₹16.8B, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are ₹164.1B and ₹108.5B respectively. Ircon International's EBIT is ₹7.1B making its interest coverage ratio -3.2. It has cash and short-term investments of ₹59.1B.
Key information
30.2%
Debt to equity ratio
₹16.80b
Debt
| Interest coverage ratio | -3.2x |
| Cash | ₹59.13b |
| Equity | ₹55.58b |
| Total liabilities | ₹108.53b |
| Total assets | ₹164.11b |
Recent financial health updates
Ircon International (NSE:IRCON) Has A Rock Solid Balance Sheet
Mar 27
Ircon International (NSE:IRCON) Has A Pretty Healthy Balance Sheet
Dec 27Here's Why Ircon International (NSE:IRCON) Can Manage Its Debt Responsibly
Jun 08Here's Why Ircon International (NSE:IRCON) Can Manage Its Debt Responsibly
Jan 14Ircon International (NSE:IRCON) Takes On Some Risk With Its Use Of Debt
Dec 06
Recent updates
Ircon International Limited's (NSE:IRCON) Prospects Need A Boost To Lift Shares
Apr 24Ircon International (NSE:IRCON) Has A Rock Solid Balance Sheet
Mar 27Ircon International Limited's (NSE:IRCON) Price Is Right But Growth Is Lacking After Shares Rocket 40%
Jan 20Returns On Capital At Ircon International (NSE:IRCON) Have Stalled
Jan 17Ircon International (NSE:IRCON) Has A Pretty Healthy Balance Sheet
Dec 27Ircon International (NSE:IRCON) Might Have The Makings Of A Multi-Bagger
Oct 14Should You Think About Buying Ircon International Limited (NSE:IRCON) Now?
Sep 17Ircon International's (NSE:IRCON) Dividend Will Be Increased To ₹1.20
Aug 27Ircon International's (NSE:IRCON) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 13Here's Why Ircon International (NSE:IRCON) Can Manage Its Debt Responsibly
Jun 08Here's Why Ircon International (NSE:IRCON) Has Caught The Eye Of Investors
Apr 04Here's Why Ircon International (NSE:IRCON) Can Manage Its Debt Responsibly
Jan 14Ircon International (NSE:IRCON) Is Looking To Continue Growing Its Returns On Capital
Nov 05Ircon International (NSE:IRCON) Is Reducing Its Dividend To ₹0.65
Sep 02Ircon International (NSE:IRCON) Is Paying Out Less In Dividends Than Last Year
Aug 19Ircon International (NSE:IRCON) Is Reducing Its Dividend To ₹1.70
Sep 09Ircon International's (NSE:IRCON) Dividend Is Being Reduced To ₹1.70
Aug 26Estimating The Fair Value Of Ircon International Limited (NSE:IRCON)
Jun 06Investors Could Be Concerned With Ircon International's (NSE:IRCON) Returns On Capital
Apr 12A Look At The Intrinsic Value Of Ircon International Limited (NSE:IRCON)
Mar 08Should Income Investors Look At Ircon International Limited (NSE:IRCON) Before Its Ex-Dividend?
Feb 18How Does Ircon International Limited (NSE:IRCON) Fare As A Dividend Stock?
Feb 03Is Ircon International Limited's (NSE:IRCON) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 13Has Ircon International (NSE:IRCON) Got What It Takes To Become A Multi-Bagger?
Dec 24Ircon International (NSE:IRCON) Takes On Some Risk With Its Use Of Debt
Dec 06Financial Position Analysis
Short Term Liabilities: IRCON's short term assets (₹119.4B) exceed its short term liabilities (₹74.6B).
Long Term Liabilities: IRCON's short term assets (₹119.4B) exceed its long term liabilities (₹33.9B).
Debt to Equity History and Analysis
Debt Level: IRCON has more cash than its total debt.
Reducing Debt: IRCON's debt to equity ratio has reduced from 79.4% to 30.2% over the past 5 years.
Debt Coverage: IRCON's debt is not well covered by operating cash flow (9%).
Interest Coverage: IRCON earns more interest than it pays, so coverage of interest payments is not a concern.