IFB Industries Balance Sheet Health
Financial Health criteria checks 5/6
IFB Industries has a total shareholder equity of ₹7.2B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are ₹21.8B and ₹14.6B respectively. IFB Industries's EBIT is ₹1.4B making its interest coverage ratio 7.5. It has cash and short-term investments of ₹3.0B.
Key information
22.9%
Debt to equity ratio
₹1.64b
Debt
| Interest coverage ratio | 7.5x |
| Cash | ₹3.02b |
| Equity | ₹7.18b |
| Total liabilities | ₹14.62b |
| Total assets | ₹21.80b |
Recent financial health updates
These 4 Measures Indicate That IFB Industries (NSE:IFBIND) Is Using Debt Safely
Jul 20
IFB Industries (NSE:IFBIND) Seems To Use Debt Rather Sparingly
Mar 29Does IFB Industries (NSE:IFBIND) Have A Healthy Balance Sheet?
Nov 13Is IFB Industries (NSE:IFBIND) Using Too Much Debt?
Jan 31These 4 Measures Indicate That IFB Industries (NSE:IFBIND) Is Using Debt Reasonably Well
Mar 20Recent updates
IFB Industries Limited (NSE:IFBIND) Surges 32% Yet Its Low P/S Is No Reason For Excitement
Aug 11We Think The Compensation For IFB Industries Limited's (NSE:IFBIND) CEO Looks About Right
Jul 22These 4 Measures Indicate That IFB Industries (NSE:IFBIND) Is Using Debt Safely
Jul 20IFB Industries' (NSE:IFBIND) Performance Is Even Better Than Its Earnings Suggest
Jun 06IFB Industries Limited's (NSE:IFBIND) 28% Dip In Price Shows Sentiment Is Matching Revenues
Jun 05Here's What's Concerning About IFB Industries' (NSE:IFBIND) Returns On Capital
Apr 25IFB Industries (NSE:IFBIND) Seems To Use Debt Rather Sparingly
Mar 29IFB Industries Limited's (NSE:IFBIND) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Jan 26Does IFB Industries (NSE:IFBIND) Have A Healthy Balance Sheet?
Nov 13Capital Allocation Trends At IFB Industries (NSE:IFBIND) Aren't Ideal
Mar 30IFB Industries (NSE:IFBIND) Will Be Hoping To Turn Its Returns On Capital Around
Sep 28Is Now The Time To Look At Buying IFB Industries Limited (NSE:IFBIND)?
Aug 03IFB Industries (NSE:IFBIND) Will Want To Turn Around Its Return Trends
Mar 17Is IFB Industries (NSE:IFBIND) Using Too Much Debt?
Jan 31Investors Met With Slowing Returns on Capital At IFB Industries (NSE:IFBIND)
Nov 29Should Shareholders Worry About IFB Industries Limited's (NSE:IFBIND) CEO Compensation Package?
Jul 30We Think IFB Industries' (NSE:IFBIND) Profit Is Only A Baseline For What They Can Achieve
Jun 21Estimating The Intrinsic Value Of IFB Industries Limited (NSE:IFBIND)
May 30IFB Industries (NSE:IFBIND) Will Will Want To Turn Around Its Return Trends
May 03These 4 Measures Indicate That IFB Industries (NSE:IFBIND) Is Using Debt Reasonably Well
Mar 20IFB Industries Limited (NSE:IFBIND) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Feb 25Should We Be Excited About The Trends Of Returns At IFB Industries (NSE:IFBIND)?
Jan 30IFB Industries (NSE:IFBIND) Shareholders Have Enjoyed An Impressive 155% Share Price Gain
Jan 04
Financial Position Analysis
Short Term Liabilities: IFBIND's short term assets (₹14.2B) exceed its short term liabilities (₹12.5B).
Long Term Liabilities: IFBIND's short term assets (₹14.2B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: IFBIND has more cash than its total debt.
Reducing Debt: IFBIND's debt to equity ratio has increased from 11.6% to 22.9% over the past 5 years.
Debt Coverage: IFBIND's debt is well covered by operating cash flow (212.9%).
Interest Coverage: IFBIND's interest payments on its debt are well covered by EBIT (7.5x coverage).