Indo Count Industries Balance Sheet Health
Financial Health criteria checks 5/6
Indo Count Industries has a total shareholder equity of ₹19.4B and total debt of ₹8.5B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are ₹32.3B and ₹12.9B respectively. Indo Count Industries's EBIT is ₹4.6B making its interest coverage ratio 12.9. It has cash and short-term investments of ₹1.7B.
Key information
43.8%
Debt to equity ratio
₹8.50b
Debt
Interest coverage ratio | 12.9x |
Cash | ₹1.73b |
Equity | ₹19.41b |
Total liabilities | ₹12.92b |
Total assets | ₹32.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521016's short term assets (₹18.6B) exceed its short term liabilities (₹9.9B).
Long Term Liabilities: 521016's short term assets (₹18.6B) exceed its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: 521016's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: 521016's debt to equity ratio has increased from 35.2% to 43.8% over the past 5 years.
Debt Coverage: 521016's debt is well covered by operating cash flow (61.6%).
Interest Coverage: 521016's interest payments on its debt are well covered by EBIT (12.9x coverage).