Isgec Heavy Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Isgec Heavy Engineering has a total shareholder equity of ₹26.1B and total debt of ₹8.1B, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are ₹78.4B and ₹52.2B respectively. Isgec Heavy Engineering's EBIT is ₹4.3B making its interest coverage ratio 9.6. It has cash and short-term investments of ₹1.8B.
Key information
31.2%
Debt to equity ratio
₹8.14b
Debt
| Interest coverage ratio | 9.6x |
| Cash | ₹1.76b |
| Equity | ₹26.11b |
| Total liabilities | ₹52.24b |
| Total assets | ₹78.35b |
Recent financial health updates
Isgec Heavy Engineering (NSE:ISGEC) Seems To Use Debt Quite Sensibly
Sep 27
These 4 Measures Indicate That Isgec Heavy Engineering (NSE:ISGEC) Is Using Debt Reasonably Well
May 31Is Isgec Heavy Engineering (NSE:ISGEC) Using Too Much Debt?
Jan 26Recent updates
Isgec Heavy Engineering (NSE:ISGEC) Seems To Use Debt Quite Sensibly
Sep 27Here's Why Shareholders May Want To Be Cautious With Increasing Isgec Heavy Engineering Limited's (NSE:ISGEC) CEO Pay Packet
Aug 22Isgec Heavy Engineering (NSE:ISGEC) Is Paying Out A Larger Dividend Than Last Year
Aug 08What Isgec Heavy Engineering Limited's (NSE:ISGEC) 26% Share Price Gain Is Not Telling You
Jun 30Returns At Isgec Heavy Engineering (NSE:ISGEC) Are On The Way Up
Jun 25These 4 Measures Indicate That Isgec Heavy Engineering (NSE:ISGEC) Is Using Debt Reasonably Well
May 31Improved Earnings Required Before Isgec Heavy Engineering Limited (NSE:ISGEC) Shares Find Their Feet
Mar 28Returns Are Gaining Momentum At Isgec Heavy Engineering (NSE:ISGEC)
Mar 05Is Now The Time To Put Isgec Heavy Engineering (NSE:ISGEC) On Your Watchlist?
Feb 14Is Isgec Heavy Engineering (NSE:ISGEC) Using Too Much Debt?
Jan 26Investors Met With Slowing Returns on Capital At Isgec Heavy Engineering (NSE:ISGEC)
Oct 27Isgec Heavy Engineering (NSE:ISGEC) Is Increasing Its Dividend To ₹3.00
Jul 31Isgec Heavy Engineering (NSE:ISGEC) Will Want To Turn Around Its Return Trends
Feb 11Isgec Heavy Engineering Limited's (NSE:ISGEC) Popularity With Investors Is Under Threat From Overpricing
Jun 14Financial Position Analysis
Short Term Liabilities: ISGEC's short term assets (₹57.4B) exceed its short term liabilities (₹44.9B).
Long Term Liabilities: ISGEC's short term assets (₹57.4B) exceed its long term liabilities (₹7.3B).
Debt to Equity History and Analysis
Debt Level: ISGEC's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: ISGEC's debt to equity ratio has increased from 19.1% to 31.2% over the past 5 years.
Debt Coverage: ISGEC's debt is well covered by operating cash flow (90.3%).
Interest Coverage: ISGEC's interest payments on its debt are well covered by EBIT (9.6x coverage).