ICICI Lombard General Insurance Balance Sheet Health
Financial Health criteria checks 5/6
ICICI Lombard General Insurance has a total shareholder equity of ₹129.5B and total debt of ₹350.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹633.1B and ₹503.6B respectively. ICICI Lombard General Insurance's EBIT is ₹25.4B making its interest coverage ratio 221.4. It has cash and short-term investments of ₹3.3B.
Key information
0.3%
Debt to equity ratio
₹350.00m
Debt
Interest coverage ratio | 221.4x |
Cash | ₹3.35b |
Equity | ₹129.50b |
Total liabilities | ₹503.58b |
Total assets | ₹633.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540716's short term assets (₹134.1B) do not cover its short term liabilities (₹503.2B).
Long Term Liabilities: 540716's short term assets (₹134.1B) exceed its long term liabilities (₹350.0M).
Debt to Equity History and Analysis
Debt Level: 540716 has more cash than its total debt.
Reducing Debt: 540716's debt to equity ratio has reduced from 10.5% to 0.3% over the past 5 years.
Debt Coverage: 540716's debt is well covered by operating cash flow (6876.5%).
Interest Coverage: 540716's interest payments on its debt are well covered by EBIT (221.4x coverage).