India Cements Capital Balance Sheet Health
Financial Health criteria checks 3/6
India Cements Capital has a total shareholder equity of ₹174.0M and total debt of ₹443.4M, which brings its debt-to-equity ratio to 254.7%. Its total assets and total liabilities are ₹674.8M and ₹500.7M respectively. India Cements Capital's EBIT is ₹18.2M making its interest coverage ratio -5.8. It has cash and short-term investments of ₹130.2M.
Key information
254.7%
Debt to equity ratio
₹443.35m
Debt
Interest coverage ratio | -5.8x |
Cash | ₹130.16m |
Equity | ₹174.04m |
Total liabilities | ₹500.74m |
Total assets | ₹674.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511355's short term assets (₹220.5M) exceed its short term liabilities (₹56.9M).
Long Term Liabilities: 511355's short term assets (₹220.5M) do not cover its long term liabilities (₹443.9M).
Debt to Equity History and Analysis
Debt Level: 511355's net debt to equity ratio (180%) is considered high.
Reducing Debt: 511355's debt to equity ratio has reduced from 278.9% to 254.7% over the past 5 years.
Debt Coverage: 511355's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: 511355 earns more interest than it pays, so coverage of interest payments is not a concern.