Inducto Steels Balance Sheet Health
Financial Health criteria checks 2/6
Inducto Steels has a total shareholder equity of ₹400.3M and total debt of ₹69.1M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are ₹602.8M and ₹202.6M respectively.
Key information
17.3%
Debt to equity ratio
₹69.08m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹34.30m |
| Equity | ₹400.26m |
| Total liabilities | ₹202.58m |
| Total assets | ₹602.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532001's short term assets (₹439.0M) exceed its short term liabilities (₹210.9M).
Long Term Liabilities: 532001's short term assets (₹439.0M) do not cover its long term liabilities (₹-8.3M).
Debt to Equity History and Analysis
Debt Level: 532001's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 532001's debt to equity ratio has increased from 0% to 17.3% over the past 5 years.
Debt Coverage: 532001's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 532001's interest payments on its debt are well covered by EBIT.