Indian Card Clothing Balance Sheet Health
Financial Health criteria checks 4/6
Indian Card Clothing has a total shareholder equity of ₹2.5B and total debt of ₹210.8M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are ₹2.9B and ₹458.3M respectively.
Key information
8.6%
Debt to equity ratio
₹210.78m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹516.32m |
| Equity | ₹2.46b |
| Total liabilities | ₹458.31m |
| Total assets | ₹2.92b |
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
Why 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 (₹956.8M) exceed its short term liabilities (₹193.6M).
Long Term Liabilities: INDIANCARD's short term assets (₹956.8M) exceed its long term liabilities (₹264.7M).
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 18.3% to 8.6% over the past 5 years.
Debt Coverage: INDIANCARD's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: Insufficient data to determine if INDIANCARD's interest payments on its debt are well covered by EBIT.