Indian Card Clothing Balance Sheet Health
Financial Health criteria checks 5/6
Indian Card Clothing has a total shareholder equity of ₹2.5B and total debt of ₹228.8M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are ₹2.9B and ₹449.5M respectively.
Key information
9.3%
Debt to equity ratio
₹228.76m
Debt
Interest coverage ratio | n/a |
Cash | ₹908.73m |
Equity | ₹2.46b |
Total liabilities | ₹449.46m |
Total assets | ₹2.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509692's short term assets (₹1.2B) exceed its short term liabilities (₹179.2M).
Long Term Liabilities: 509692's short term assets (₹1.2B) exceed its long term liabilities (₹270.2M).
Debt to Equity History and Analysis
Debt Level: 509692 has more cash than its total debt.
Reducing Debt: 509692's debt to equity ratio has reduced from 16.9% to 9.3% over the past 5 years.
Debt Coverage: 509692's debt is well covered by operating cash flow (23.5%).
Interest Coverage: Insufficient data to determine if 509692's interest payments on its debt are well covered by EBIT.