Indo National Balance Sheet Health
Financial Health criteria checks 2/6
Indo National has a total shareholder equity of ₹2.6B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 64.1%. Its total assets and total liabilities are ₹6.0B and ₹3.5B respectively. Indo National's EBIT is ₹112.4M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹491.5M.
Key information
64.1%
Debt to equity ratio
₹1.66b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹491.53m |
| Equity | ₹2.59b |
| Total liabilities | ₹3.46b |
| Total assets | ₹6.05b |
Recent financial health updates
Is Indo National (NSE:NIPPOBATRY) Using Too Much Debt?
Feb 10
Is Indo National (NSE:NIPPOBATRY) A Risky Investment?
Jun 09Indo National (NSE:NIPPOBATRY) Is Making Moderate Use Of Debt
Mar 06Indo National (NSE:NIPPOBATRY) Has A Somewhat Strained Balance Sheet
Dec 17These 4 Measures Indicate That Indo National (NSE:NIPPOBATRY) Is Using Debt Extensively
Jul 28We Think Indo National (NSE:NIPPOBATRY) Can Stay On Top Of Its Debt
Jan 07Recent updates
Indo National Limited (NSE:NIPPOBATRY) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Apr 26Is Indo National (NSE:NIPPOBATRY) Using Too Much Debt?
Feb 10There Is A Reason Indo National Limited's (NSE:NIPPOBATRY) Price Is Undemanding
Dec 27We Think Some Shareholders May Hesitate To Increase Indo National Limited's (NSE:NIPPOBATRY) CEO Compensation
Sep 21Indo National (NSE:NIPPOBATRY) Is Paying Out A Dividend Of ₹5.00
Aug 29Indo National (NSE:NIPPOBATRY) Has Affirmed Its Dividend Of ₹5.00
Aug 14Is Indo National (NSE:NIPPOBATRY) A Risky Investment?
Jun 09Indo National (NSE:NIPPOBATRY) Is Making Moderate Use Of Debt
Mar 06Here's Why Shareholders May Want To Be Cautious With Increasing Indo National Limited's (NSE:NIPPOBATRY) CEO Pay Packet
Sep 21Indo National (NSE:NIPPOBATRY) Has Announced That Its Dividend Will Be Reduced To ₹5.00
Sep 03Indo National's (NSE:NIPPOBATRY) Dividend Will Be Reduced To ₹5.00
Aug 20Indo National (NSE:NIPPOBATRY) Could Be Struggling To Allocate Capital
Jun 23Indo National (NSE:NIPPOBATRY) Has A Somewhat Strained Balance Sheet
Dec 17Indo National (NSE:NIPPOBATRY) Is Increasing Its Dividend To ₹25.00
Sep 12Indo National's (NSE:NIPPOBATRY) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 29Indo National (NSE:NIPPOBATRY) Is Increasing Its Dividend To ₹25.00
Aug 15These 4 Measures Indicate That Indo National (NSE:NIPPOBATRY) Is Using Debt Extensively
Jul 28Indo National (NSE:NIPPOBATRY) Might Have The Makings Of A Multi-Bagger
Jul 01Looking For Steady Income For Your Dividend Portfolio? Is Indo National Limited (NSE:NIPPOBATRY) A Good Fit?
May 07Here’s What’s Happening With Returns At Indo National (NSE:NIPPOBATRY)
Mar 15Are Indo National Limited's (NSE:NIPPOBATRY) Mixed Financials Driving The Negative Sentiment?
Feb 21Tread With Caution Around Indo National Limited's (NSE:NIPPOBATRY) 0.8% Dividend Yield
Feb 03
We Think Indo National (NSE:NIPPOBATRY) Can Stay On Top Of Its Debt
Jan 07Can Indo National (NSE:NIPPOBATRY) Continue To Grow Its Returns On Capital?
Dec 12Indo National Limited (NSE:NIPPOBATRY) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Nov 15Do Investors Have Good Reason To Be Wary Of Indo National Limited's (NSE:NIPPOBATRY) 0.9% Dividend Yield?
Oct 12Will The ROCE Trend At Indo National (NSE:NIPPOBATRY) Continue?
Sep 07Indo National Limited (NSE:NIPPOBATRY) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Aug 09Indo National Limited (NSE:NIPPOBATRY) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Aug 09Does It Make Sense To Buy Indo National Limited (NSE:NIPPOBATRY) For Its Yield?
Jul 13Financial Position Analysis
Short Term Liabilities: NIPPOBATRY's short term assets (₹3.5B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: NIPPOBATRY's short term assets (₹3.5B) exceed its long term liabilities (₹820.2M).
Debt to Equity History and Analysis
Debt Level: NIPPOBATRY's net debt to equity ratio (45.1%) is considered high.
Reducing Debt: NIPPOBATRY's debt to equity ratio has increased from 42% to 64.1% over the past 5 years.
Debt Coverage: NIPPOBATRY's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: NIPPOBATRY's interest payments on its debt are not well covered by EBIT (1.2x coverage).