ICRA Balance Sheet Health
Financial Health criteria checks 5/6
ICRA has a total shareholder equity of ₹9.8B and total debt of ₹18.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹11.9B and ₹2.1B respectively. ICRA's EBIT is ₹1.4B making its interest coverage ratio -25.4. It has cash and short-term investments of ₹5.8B.
Key information
0.2%
Debt to equity ratio
₹18.02m
Debt
| Interest coverage ratio | -25.4x |
| Cash | ₹5.75b |
| Equity | ₹9.81b |
| Total liabilities | ₹2.07b |
| Total assets | ₹11.88b |
Recent financial health updates
No updates
Recent updates
Shareholders Will Probably Hold Off On Increasing ICRA Limited's (NSE:ICRA) CEO Compensation For The Time Being
Jul 17
The ICRA Limited (NSE:ICRA) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Jan 26ICRA's (NSE:ICRA) Dividend Will Be Increased To ₹130.00
Jul 12ICRA's (NSE:ICRA) Dividend Will Be Increased To ₹117.00
May 27ICRA's (NSE:ICRA) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 08ICRA (NSE:ICRA) Is Increasing Its Dividend To ₹28.00
May 15ICRA Limited (NSE:ICRA) Is An Attractive Dividend Stock - Here's Why
Apr 15ICRA's (NSE:ICRA) Shareholders Are Down 25% On Their Shares
Mar 11Have Insiders Sold ICRA Limited (NSE:ICRA) Shares Recently?
Feb 13Why ICRA Limited (NSE:ICRA) Is A Dividend Rockstar
Jan 15
How Much Did ICRA's(NSE:ICRA) Shareholders Earn From Share Price Movements Over The Last Five Years?
Nov 23What Makes ICRA Limited (NSE:ICRA) A Great Dividend Stock?
Oct 16Should You Buy ICRA Limited (NSE:ICRA) For Its Upcoming Dividend?
Sep 11ICRA (NSE:ICRA) Share Prices Have Dropped 28% In The Last Five Years
Aug 25Why Investors Shouldn't Be Surprised By ICRA Limited's (NSE:ICRA) P/E
Jul 21Financial Position Analysis
Short Term Liabilities: ICRA's short term assets (₹6.6B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: ICRA's short term assets (₹6.6B) exceed its long term liabilities (₹547.8M).
Debt to Equity History and Analysis
Debt Level: ICRA has more cash than its total debt.
Reducing Debt: ICRA's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: ICRA's debt is well covered by operating cash flow (5939.1%).
Interest Coverage: ICRA earns more interest than it pays, so coverage of interest payments is not a concern.