ICRA Balance Sheet Health
Financial Health criteria checks 5/6
ICRA has a total shareholder equity of ₹9.0B and total debt of ₹119.9M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹10.8B and ₹1.7B respectively. ICRA's EBIT is ₹1.3B making its interest coverage ratio -5.9. It has cash and short-term investments of ₹4.8B.
Key information
1.3%
Debt to equity ratio
₹119.94m
Debt
Interest coverage ratio | -5.9x |
Cash | ₹4.79b |
Equity | ₹9.03b |
Total liabilities | ₹1.74b |
Total assets | ₹10.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532835's short term assets (₹5.6B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 532835's short term assets (₹5.6B) exceed its long term liabilities (₹163.6M).
Debt to Equity History and Analysis
Debt Level: 532835 has more cash than its total debt.
Reducing Debt: 532835's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: 532835's debt is well covered by operating cash flow (791%).
Interest Coverage: 532835 earns more interest than it pays, so coverage of interest payments is not a concern.