ICICI Prudential Life Insurance Balance Sheet Health
Financial Health criteria checks 3/6
ICICI Prudential Life Insurance has a total shareholder equity of ₹110.0B and total debt of ₹12.0B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are ₹2,990.0B and ₹2,880.0B respectively. ICICI Prudential Life Insurance's EBIT is ₹11.1B making its interest coverage ratio 13.5. It has cash and short-term investments of ₹21.2B.
Key information
10.9%
Debt to equity ratio
₹12.00b
Debt
Interest coverage ratio | 13.5x |
Cash | ₹21.24b |
Equity | ₹110.05b |
Total liabilities | ₹2.88t |
Total assets | ₹2.99t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540133's short term assets (₹80.8B) exceed its short term liabilities (₹54.8B).
Long Term Liabilities: 540133's short term assets (₹80.8B) do not cover its long term liabilities (₹2,825.2B).
Debt to Equity History and Analysis
Debt Level: 540133 has more cash than its total debt.
Reducing Debt: 540133's debt to equity ratio has increased from 0% to 10.9% over the past 5 years.
Debt Coverage: 540133's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540133's interest payments on its debt are well covered by EBIT (13.5x coverage).