India Cements Capital Balance Sheet Health
Financial Health criteria checks 3/6
India Cements Capital has a total shareholder equity of ₹183.0M and total debt of ₹443.2M, which brings its debt-to-equity ratio to 242.2%. Its total assets and total liabilities are ₹679.4M and ₹496.4M respectively. India Cements Capital's EBIT is ₹8.0M making its interest coverage ratio -1.7. It has cash and short-term investments of ₹200.0M.
Key information
242.2%
Debt to equity ratio
₹443.16m
Debt
| Interest coverage ratio | -1.7x |
| Cash | ₹199.96m |
| Equity | ₹182.95m |
| Total liabilities | ₹496.41m |
| Total assets | ₹679.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511355's short term assets (₹237.4M) exceed its short term liabilities (₹52.7M).
Long Term Liabilities: 511355's short term assets (₹237.4M) do not cover its long term liabilities (₹443.7M).
Debt to Equity History and Analysis
Debt Level: 511355's net debt to equity ratio (132.9%) is considered high.
Reducing Debt: 511355's debt to equity ratio has reduced from 275.8% to 242.2% over the past 5 years.
Debt Coverage: 511355's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 511355 earns more interest than it pays, so coverage of interest payments is not a concern.