IIFL Finance Balance Sheet Health
Financial Health criteria checks 3/6
IIFL Finance has a total shareholder equity of ₹120.6B and total debt of ₹467.3B, which brings its debt-to-equity ratio to 387.6%. Its total assets and total liabilities are ₹624.2B and ₹503.6B respectively.
Key information
387.6%
Debt to equity ratio
₹467.33b
Debt
Interest coverage ratio | n/a |
Cash | ₹44.03b |
Equity | ₹120.56b |
Total liabilities | ₹503.65b |
Total assets | ₹624.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532636's short term assets (₹556.9B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: 532636's short term assets (₹556.9B) exceed its long term liabilities (₹501.1B).
Debt to Equity History and Analysis
Debt Level: 532636's net debt to equity ratio (351.1%) is considered high.
Reducing Debt: 532636's debt to equity ratio has reduced from 618.6% to 387.6% over the past 5 years.
Debt Coverage: 532636's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 532636's interest payments on its debt are well covered by EBIT.