Ion Exchange (India) Balance Sheet Health
Financial Health criteria checks 6/6
Ion Exchange (India) has a total shareholder equity of ₹11.0B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ₹26.2B and ₹15.3B respectively. Ion Exchange (India)'s EBIT is ₹2.6B making its interest coverage ratio -11.1. It has cash and short-term investments of ₹4.9B.
Key information
17.7%
Debt to equity ratio
₹1.95b
Debt
| Interest coverage ratio | -11.1x |
| Cash | ₹4.91b |
| Equity | ₹10.98b |
| Total liabilities | ₹15.27b |
| Total assets | ₹26.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500214's short term assets (₹20.1B) exceed its short term liabilities (₹13.1B).
Long Term Liabilities: 500214's short term assets (₹20.1B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: 500214 has more cash than its total debt.
Reducing Debt: 500214's debt to equity ratio has reduced from 32.9% to 17.7% over the past 5 years.
Debt Coverage: 500214's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 500214 earns more interest than it pays, so coverage of interest payments is not a concern.