IFB Agro Industries Balance Sheet Health
Financial Health criteria checks 6/6
IFB Agro Industries has a total shareholder equity of ₹5.5B and total debt of ₹148.3M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹6.6B and ₹1.1B respectively. IFB Agro Industries's EBIT is ₹58.8M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹938.0M.
Key information
2.7%
Debt to equity ratio
₹148.30m
Debt
| Interest coverage ratio | 5.1x |
| Cash | ₹938.00m |
| Equity | ₹5.51b |
| Total liabilities | ₹1.14b |
| Total assets | ₹6.65b |
Recent financial health updates
Recent updates
Is IFB Agro Industries (NSE:IFBAGRO) A Risky Investment?
Jun 13
Estimating The Fair Value Of IFB Agro Industries Limited (NSE:IFBAGRO)
Apr 05IFB Agro Industries' (NSE:IFBAGRO) Returns Have Hit A Wall
Feb 03A Look At The Fair Value Of IFB Agro Industries Limited (NSE:IFBAGRO)
Oct 12There's Been No Shortage Of Growth Recently For IFB Agro Industries' (NSE:IFBAGRO) Returns On Capital
Aug 20IFB Agro Industries Limited's (NSE:IFBAGRO) CEO Compensation Is Looking A Bit Stretched At The Moment
Jul 30The Returns On Capital At IFB Agro Industries (NSE:IFBAGRO) Don't Inspire Confidence
May 07Announcing: IFB Agro Industries (NSE:IFBAGRO) Stock Increased An Energizing 104% In The Last Year
Mar 11We're Watching These Trends At IFB Agro Industries (NSE:IFBAGRO)
Feb 05
How Much Does IFB Agro Industries' (NSE:IFBAGRO) CEO Make?
Jan 15IFB Agro Industries Limited (NSE:IFBAGRO) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Dec 28IFB Agro Industries (NSE:IFBAGRO) Share Prices Have Dropped 31% In The Last Three Years
Dec 11We're Not So Sure You Should Rely on IFB Agro Industries's (NSE:IFBAGRO) Statutory Earnings
Nov 23Financial Position Analysis
Short Term Liabilities: IFBAGRO's short term assets (₹4.1B) exceed its short term liabilities (₹870.8M).
Long Term Liabilities: IFBAGRO's short term assets (₹4.1B) exceed its long term liabilities (₹270.9M).
Debt to Equity History and Analysis
Debt Level: IFBAGRO has more cash than its total debt.
Reducing Debt: IFBAGRO's debt to equity ratio has reduced from 7% to 2.7% over the past 5 years.
Debt Coverage: IFBAGRO's debt is well covered by operating cash flow (119.4%).
Interest Coverage: IFBAGRO's interest payments on its debt are well covered by EBIT (5.1x coverage).