Ircon International Balance Sheet Health
Financial Health criteria checks 4/6
Ircon International has a total shareholder equity of ₹62.1B and total debt of ₹33.6B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are ₹178.7B and ₹116.6B respectively. Ircon International's EBIT is ₹7.8B making its interest coverage ratio -2.4. It has cash and short-term investments of ₹48.6B.
Key information
54.1%
Debt to equity ratio
₹33.62b
Debt
| Interest coverage ratio | -2.4x |
| Cash | ₹48.64b |
| Equity | ₹62.13b |
| Total liabilities | ₹116.59b |
| Total assets | ₹178.73b |
Recent financial health updates
Is Ircon International (NSE:IRCON) Using Too Much Debt?
Jun 29
Ircon International (NSE:IRCON) Has A Rock Solid Balance Sheet
Mar 27Ircon 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 14Recent updates
Ircon International (NSE:IRCON) Strong Profits May Be Masking Some Underlying Issues
Nov 15Investors Aren't Buying Ircon International Limited's (NSE:IRCON) Earnings
Nov 10Ircon International (NSE:IRCON) Has Some Way To Go To Become A Multi-Bagger
Oct 19Ircon International's (NSE:IRCON) Returns On Capital Are Heading Higher
Jul 20Is Ircon International (NSE:IRCON) Using Too Much Debt?
Jun 29Ircon 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 19Financial Position Analysis
Short Term Liabilities: IRCON's short term assets (₹105.2B) exceed its short term liabilities (₹65.2B).
Long Term Liabilities: IRCON's short term assets (₹105.2B) exceed its long term liabilities (₹51.4B).
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 increased from 50.2% to 54.1% over the past 5 years.
Debt Coverage: IRCON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IRCON earns more interest than it pays, so coverage of interest payments is not a concern.