Ion Exchange (India) Balance Sheet Health
Financial Health criteria checks 6/6
Ion Exchange (India) has a total shareholder equity of ₹9.0B and total debt of ₹998.0M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are ₹20.8B and ₹11.8B respectively. Ion Exchange (India)'s EBIT is ₹2.5B making its interest coverage ratio -13.8. It has cash and short-term investments of ₹5.5B.
Key information
11.1%
Debt to equity ratio
₹998.00m
Debt
| Interest coverage ratio | -13.8x |
| Cash | ₹5.51b |
| Equity | ₹8.97b |
| Total liabilities | ₹11.84b |
| Total assets | ₹20.81b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Overlook The Favourable Returns On Capital At Ion Exchange (India) (NSE:IONEXCHANG)
Dec 29
Here's What Ion Exchange (India)'s (NSE:IONEXCHANG) Strong Returns On Capital Mean
Aug 09Many Would Be Envious Of Ion Exchange (India)'s (NSE:IONEXCHANG) Excellent Returns On Capital
Mar 15Robust Earnings May Not Tell The Whole Story For Ion Exchange (India) (NSE:IONEXCHANG)
Jun 04A Piece Of The Puzzle Missing From Ion Exchange (India) Limited's (NSE:IONEXCHANG) Share Price
Jun 01Financial Position Analysis
Short Term Liabilities: IONEXCHANG's short term assets (₹16.7B) exceed its short term liabilities (₹10.6B).
Long Term Liabilities: IONEXCHANG's short term assets (₹16.7B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: IONEXCHANG has more cash than its total debt.
Reducing Debt: IONEXCHANG's debt to equity ratio has reduced from 44.8% to 11.1% over the past 5 years.
Debt Coverage: IONEXCHANG's debt is well covered by operating cash flow (117.9%).
Interest Coverage: IONEXCHANG earns more interest than it pays, so coverage of interest payments is not a concern.