IBL Finance Balance Sheet Health
Financial Health criteria checks 3/6
IBL Finance has a total shareholder equity of ₹575.3M and total debt of ₹151.6M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are ₹797.3M and ₹222.0M respectively.
Key information
26.4%
Debt to equity ratio
₹151.63m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.47m |
| Equity | ₹575.27m |
| Total liabilities | ₹222.00m |
| Total assets | ₹797.28m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IBLFL's short term assets (₹753.3M) exceed its short term liabilities (₹132.3M).
Long Term Liabilities: IBLFL's short term assets (₹753.3M) exceed its long term liabilities (₹89.7M).
Debt to Equity History and Analysis
Debt Level: IBLFL's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IBLFL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IBLFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IBLFL's interest payments on its debt are well covered by EBIT.