IIRM Holdings India Balance Sheet Health
Financial Health criteria checks 5/6
IIRM Holdings India has a total shareholder equity of ₹1.3B and total debt of ₹155.4M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are ₹1.9B and ₹576.7M respectively. IIRM Holdings India's EBIT is ₹551.7M making its interest coverage ratio 17. It has cash and short-term investments of ₹135.6M.
Key information
12.1%
Debt to equity ratio
₹155.38m
Debt
| Interest coverage ratio | 17x |
| Cash | ₹135.63m |
| Equity | ₹1.28b |
| Total liabilities | ₹576.71m |
| Total assets | ₹1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526530's short term assets (₹1.2B) exceed its short term liabilities (₹463.4M).
Long Term Liabilities: 526530's short term assets (₹1.2B) exceed its long term liabilities (₹113.3M).
Debt to Equity History and Analysis
Debt Level: 526530's net debt to equity ratio (1.5%) 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 (17x coverage).