Inducto Steels Balance Sheet Health
Financial Health criteria checks 3/6
Inducto Steels has a total shareholder equity of ₹432.5M and total debt of ₹7.8M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ₹1.1B and ₹713.5M respectively. Inducto Steels's EBIT is ₹31.4M making its interest coverage ratio 1. It has cash and short-term investments of ₹426.2M.
Key information
1.8%
Debt to equity ratio
₹7.81m
Debt
Interest coverage ratio | 1x |
Cash | ₹426.21m |
Equity | ₹432.54m |
Total liabilities | ₹713.48m |
Total assets | ₹1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532001's short term assets (₹795.1M) exceed its short term liabilities (₹711.4M).
Long Term Liabilities: 532001's short term assets (₹795.1M) exceed its long term liabilities (₹2.1M).
Debt to Equity History and Analysis
Debt Level: 532001 has more cash than its total debt.
Reducing Debt: 532001's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 532001's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532001's interest payments on its debt are not well covered by EBIT (1x coverage).