IIRM Holdings India Balance Sheet Health
Financial Health criteria checks 5/6
IIRM Holdings India has a total shareholder equity of ₹1.1B and total debt of ₹192.4M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are ₹1.6B and ₹443.5M respectively. IIRM Holdings India's EBIT is ₹473.2M making its interest coverage ratio 13.5. It has cash and short-term investments of ₹69.3M.
Key information
17.2%
Debt to equity ratio
₹192.43m
Debt
| Interest coverage ratio | 13.5x |
| Cash | ₹69.31m |
| Equity | ₹1.12b |
| Total liabilities | ₹443.50m |
| Total assets | ₹1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526530's short term assets (₹919.2M) exceed its short term liabilities (₹357.0M).
Long Term Liabilities: 526530's short term assets (₹919.2M) exceed its long term liabilities (₹86.5M).
Debt to Equity History and Analysis
Debt Level: 526530's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: 526530 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 526530's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526530's interest payments on its debt are well covered by EBIT (13.5x coverage).