Indo-City Infotech Balance Sheet Health
Financial Health criteria checks 6/6
Indo-City Infotech has a total shareholder equity of ₹126.5M and total debt of ₹800.0K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹128.2M and ₹1.7M respectively. Indo-City Infotech's EBIT is ₹6.7M making its interest coverage ratio 72.5. It has cash and short-term investments of ₹35.7M.
Key information
0.6%
Debt to equity ratio
₹800.00k
Debt
Interest coverage ratio | 72.5x |
Cash | ₹35.71m |
Equity | ₹126.46m |
Total liabilities | ₹1.70m |
Total assets | ₹128.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532100's short term assets (₹91.1M) exceed its short term liabilities (₹1.7M).
Long Term Liabilities: 532100 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 532100 has more cash than its total debt.
Reducing Debt: 532100's debt to equity ratio has reduced from 8% to 0.6% over the past 5 years.
Debt Coverage: 532100's debt is well covered by operating cash flow (2350.2%).
Interest Coverage: 532100's interest payments on its debt are well covered by EBIT (72.5x coverage).