Industrial And Prudential Investment Balance Sheet Health
Financial Health criteria checks 5/6
Industrial And Prudential Investment has a total shareholder equity of ₹8.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹8.9B and ₹470.3M respectively. Industrial And Prudential Investment's EBIT is ₹63.3M making its interest coverage ratio -86.4. It has cash and short-term investments of ₹20.9M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -86.4x |
| Cash | ₹20.89m |
| Equity | ₹8.41b |
| Total liabilities | ₹470.27m |
| Total assets | ₹8.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501298's short term assets (₹72.7M) exceed its short term liabilities (₹67.1M).
Long Term Liabilities: 501298's short term assets (₹72.7M) do not cover its long term liabilities (₹403.2M).
Debt to Equity History and Analysis
Debt Level: 501298 is debt free.
Reducing Debt: 501298 has not had any debt for past 5 years.
Debt Coverage: 501298 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 501298 has no debt, therefore coverage of interest payments is not a concern.