Ion Exchange (India) Balance Sheet Health
Financial Health criteria checks 6/6
Ion Exchange (India) has a total shareholder equity of ₹11.0B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ₹26.2B and ₹15.3B respectively. Ion Exchange (India)'s EBIT is ₹2.6B making its interest coverage ratio -11.1. It has cash and short-term investments of ₹4.9B.
Key information
17.7%
Debt to equity ratio
₹1.95b
Debt
| Interest coverage ratio | -11.1x |
| Cash | ₹4.91b |
| Equity | ₹10.98b |
| Total liabilities | ₹15.27b |
| Total assets | ₹26.25b |
Recent financial health updates
No updates
Recent updates
Ion Exchange (India) (NSE:IONEXCHANG) Will Want To Turn Around Its Return Trends
Nov 12
Ion Exchange (India) (NSE:IONEXCHANG) Is Increasing Its Dividend To ₹1.50
Aug 10What Ion Exchange (India) Limited's (NSE:IONEXCHANG) 30% Share Price Gain Is Not Telling You
Jul 02We Think You Should Be Aware Of Some Concerning Factors In Ion Exchange (India)'s (NSE:IONEXCHANG) Earnings
Jun 06Shareholders Are Optimistic That Ion Exchange (India) (NSE:IONEXCHANG) Will Multiply In Value
May 14Investors Shouldn't Overlook The Favourable Returns On Capital At Ion Exchange (India) (NSE:IONEXCHANG)
Dec 29Here'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 (₹20.1B) exceed its short term liabilities (₹13.1B).
Long Term Liabilities: IONEXCHANG's short term assets (₹20.1B) exceed its long term liabilities (₹2.2B).
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 32.9% to 17.7% over the past 5 years.
Debt Coverage: IONEXCHANG's debt is well covered by operating cash flow (21.8%).
Interest Coverage: IONEXCHANG earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:51 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ion Exchange (India) Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kameswari V. S. Chavali | FirstCall Research |
| Santosh Yellapu | IndiaNivesh Securities Limited |