Indian Card Clothing Balance Sheet Health
Financial Health criteria checks 4/6
Indian Card Clothing has a total shareholder equity of ₹3.2B and total debt of ₹211.5M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ₹3.7B and ₹464.6M respectively.
Key information
6.6%
Debt to equity ratio
₹211.48m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹947.08m |
| Equity | ₹3.21b |
| Total liabilities | ₹464.61m |
| Total assets | ₹3.68b |
Recent financial health updates
Is Indian Card Clothing (NSE:INDIANCARD) Using Too Much Debt?
Jan 16
Is Indian Card Clothing (NSE:INDIANCARD) Using Debt In A Risky Way?
Sep 06Is Indian Card Clothing (NSE:INDIANCARD) Using Debt In A Risky Way?
Dec 20Is Indian Card Clothing (NSE:INDIANCARD) Weighed On By Its Debt Load?
Jul 13Recent updates
Indian Card Clothing's (NSE:INDIANCARD) Earnings Might Be Weaker Than You Think
Nov 19Why Investors Shouldn't Be Surprised By The Indian Card Clothing Company Limited's (NSE:INDIANCARD) Low P/E
Jun 05Is Indian Card Clothing (NSE:INDIANCARD) Using Too Much Debt?
Jan 16Is Indian Card Clothing (NSE:INDIANCARD) Using Debt In A Risky Way?
Sep 06Indian Card Clothing's (NSE:INDIANCARD) Robust Earnings Are Not All Good News For Shareholders
Jun 06Is Indian Card Clothing (NSE:INDIANCARD) Using Debt In A Risky Way?
Dec 20Is Indian Card Clothing (NSE:INDIANCARD) Weighed On By Its Debt Load?
Jul 13Financial Position Analysis
Short Term Liabilities: INDIANCARD's short term assets (₹1.2B) exceed its short term liabilities (₹245.1M).
Long Term Liabilities: INDIANCARD's short term assets (₹1.2B) exceed its long term liabilities (₹219.5M).
Debt to Equity History and Analysis
Debt Level: INDIANCARD has more cash than its total debt.
Reducing Debt: INDIANCARD's debt to equity ratio has reduced from 19.3% to 6.6% over the past 5 years.
Debt Coverage: INDIANCARD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if INDIANCARD's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 18:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Indian Card Clothing Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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