Indo Count Industries Balance Sheet Health
Financial Health criteria checks 4/6
Indo Count Industries has a total shareholder equity of ₹20.9B and total debt of ₹9.1B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are ₹35.7B and ₹14.8B respectively. Indo Count Industries's EBIT is ₹4.8B making its interest coverage ratio 6.8. It has cash and short-term investments of ₹2.4B.
Key information
43.8%
Debt to equity ratio
₹9.14b
Debt
| Interest coverage ratio | 6.8x |
| Cash | ₹2.36b |
| Equity | ₹20.89b |
| Total liabilities | ₹14.80b |
| Total assets | ₹35.69b |
Recent financial health updates
These 4 Measures Indicate That Indo Count Industries (NSE:ICIL) Is Using Debt Reasonably Well
Nov 21
Does Indo Count Industries (NSE:ICIL) Have A Healthy Balance Sheet?
Dec 20Does Indo Count Industries (NSE:ICIL) Have A Healthy Balance Sheet?
Jan 23
Recent updates
Improved Earnings Required Before Indo Count Industries Limited (NSE:ICIL) Stock's 33% Jump Looks Justified
Jul 02Investors Should Be Encouraged By Indo Count Industries' (NSE:ICIL) Returns On Capital
Jun 27News Flash: One Analyst Just Made A Notable Upgrade To Their Indo Count Industries Limited (NSE:ICIL) Forecasts
Jun 02₹452 - That's What Analysts Think Indo Count Industries Limited (NSE:ICIL) Is Worth After These Results
May 31What Does Indo Count Industries Limited's (NSE:ICIL) Share Price Indicate?
May 28Do Indo Count Industries' (NSE:ICIL) Earnings Warrant Your Attention?
Apr 11Investors Should Be Encouraged By Indo Count Industries' (NSE:ICIL) Returns On Capital
Mar 27Indo Count Industries Limited (NSE:ICIL) Held Back By Insufficient Growth Even After Shares Climb 26%
Mar 03Is Now The Time To Look At Buying Indo Count Industries Limited (NSE:ICIL)?
Feb 21Indo Count Industries Limited Just Missed EPS By 38%: Here's What Analysts Think Will Happen Next
Feb 01These 4 Measures Indicate That Indo Count Industries (NSE:ICIL) Is Using Debt Reasonably Well
Nov 21Estimating The Fair Value Of Indo Count Industries Limited (NSE:ICIL)
Jul 25Is It Time To Consider Buying Indo Count Industries Limited (NSE:ICIL)?
May 03Capital Investments At Indo Count Industries (NSE:ICIL) Point To A Promising Future
Dec 26We Think Indo Count Industries Limited's (NSE:ICIL) CEO Compensation Looks Fair
Sep 23Indo Count Industries (NSE:ICIL) Is Reinvesting To Multiply In Value
Aug 27What Does Indo Count Industries Limited's (NSE:ICIL) Share Price Indicate?
Jul 24Why Indo Count Industries Limited (NSE:ICIL) Could Be Worth Watching
Apr 05If You Like EPS Growth Then Check Out Indo Count Industries (NSE:ICIL) Before It's Too Late
Feb 08Does Indo Count Industries (NSE:ICIL) Have A Healthy Balance Sheet?
Dec 20Indo Count Industries (NSE:ICIL) Will Be Hoping To Turn Its Returns On Capital Around
Nov 29Is Now The Time To Put Indo Count Industries (NSE:ICIL) On Your Watchlist?
Oct 28Indo Count Industries (NSE:ICIL) Will Want To Turn Around Its Return Trends
Aug 26Should Weakness in Indo Count Industries Limited's (NSE:ICIL) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Mar 12Three Things You Should Check Before Buying Indo Count Industries Limited (NSE:ICIL) For Its Dividend
Feb 28Is Now The Time To Put Indo Count Industries (NSE:ICIL) On Your Watchlist?
Feb 16The Returns At Indo Count Industries (NSE:ICIL) Provide Us With Signs Of What's To Come
Feb 04Does Indo Count Industries (NSE:ICIL) Have A Healthy Balance Sheet?
Jan 23The Indo Count Industries (NSE:ICIL) Share Price Is Up 150% And Shareholders Are Boasting About It
Jan 11What Type Of Shareholders Own The Most Number of Indo Count Industries Limited (NSE:ICIL) Shares?
Dec 29Have Insiders Been Buying Indo Count Industries Limited (NSE:ICIL) Shares?
Dec 16Do Its Financials Have Any Role To Play In Driving Indo Count Industries Limited's (NSE:ICIL) Stock Up Recently?
Dec 03Are Indo Count Industries's (NSE:ICIL) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 20Would Indo Count Industries Limited (NSE:ICIL) Be Valuable To Income Investors?
Nov 07Will Indo Count Industries (NSE:ICIL) Multiply In Value Going Forward?
Oct 25Financial Position Analysis
Short Term Liabilities: ICIL's short term assets (₹21.4B) exceed its short term liabilities (₹11.8B).
Long Term Liabilities: ICIL's short term assets (₹21.4B) exceed its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: ICIL's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: ICIL's debt to equity ratio has increased from 34.4% to 43.8% over the past 5 years.
Debt Coverage: ICIL's debt is not well covered by operating cash flow (16%).
Interest Coverage: ICIL's interest payments on its debt are well covered by EBIT (6.8x coverage).