Ishan International Balance Sheet Health
Financial Health criteria checks 3/6
Ishan International has a total shareholder equity of ₹231.4M and total debt of ₹52.9M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are ₹331.3M and ₹99.9M respectively. Ishan International's EBIT is ₹1.7M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹30.5M.
Key information
22.8%
Debt to equity ratio
₹52.86m
Debt
Interest coverage ratio | 0.8x |
Cash | ₹30.50m |
Equity | ₹231.41m |
Total liabilities | ₹99.93m |
Total assets | ₹331.34m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ISHAN's short term assets (₹299.7M) exceed its short term liabilities (₹87.5M).
Long Term Liabilities: ISHAN's short term assets (₹299.7M) exceed its long term liabilities (₹12.4M).
Debt to Equity History and Analysis
Debt Level: ISHAN's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ISHAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ISHAN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ISHAN's interest payments on its debt are not well covered by EBIT (0.8x coverage).