Inflame Appliances Balance Sheet Health
Financial Health criteria checks 3/6
Inflame Appliances has a total shareholder equity of ₹478.0M and total debt of ₹325.8M, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are ₹1.0B and ₹551.9M respectively. Inflame Appliances's EBIT is ₹56.1M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹50.1M.
Key information
68.2%
Debt to equity ratio
₹325.76m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹50.09m |
| Equity | ₹477.97m |
| Total liabilities | ₹551.93m |
| Total assets | ₹1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541083's short term assets (₹651.3M) exceed its short term liabilities (₹402.3M).
Long Term Liabilities: 541083's short term assets (₹651.3M) exceed its long term liabilities (₹149.6M).
Debt to Equity History and Analysis
Debt Level: 541083's net debt to equity ratio (57.7%) is considered high.
Reducing Debt: 541083's debt to equity ratio has reduced from 75.4% to 68.2% over the past 5 years.
Debt Coverage: 541083's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 541083's interest payments on its debt are not well covered by EBIT (2.2x coverage).