Infibeam Avenues Balance Sheet Health
Financial Health criteria checks 6/6
Infibeam Avenues has a total shareholder equity of ₹32.3B and total debt of ₹101.2M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹42.6B and ₹10.3B respectively. Infibeam Avenues's EBIT is ₹1.6B making its interest coverage ratio -19.4. It has cash and short-term investments of ₹3.2B.
Key information
0.3%
Debt to equity ratio
₹101.20m
Debt
Interest coverage ratio | -19.4x |
Cash | ₹3.19b |
Equity | ₹32.31b |
Total liabilities | ₹10.26b |
Total assets | ₹42.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539807's short term assets (₹13.3B) exceed its short term liabilities (₹8.4B).
Long Term Liabilities: 539807's short term assets (₹13.3B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: 539807 has more cash than its total debt.
Reducing Debt: 539807's debt to equity ratio has reduced from 1.9% to 0.3% over the past 5 years.
Debt Coverage: 539807's debt is well covered by operating cash flow (1663.9%).
Interest Coverage: 539807 earns more interest than it pays, so coverage of interest payments is not a concern.