Life Insurance Corporation of India Balance Sheet Health
Financial Health criteria checks 5/6
Life Insurance of India has a total shareholder equity of ₹978.2B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹57,191.2B and ₹56,213.1B respectively. Life Insurance of India's EBIT is ₹509.7B making its interest coverage ratio 398.6. It has cash and short-term investments of ₹293.9B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 398.6x |
| Cash | ₹293.90b |
| Equity | ₹978.16b |
| Total liabilities | ₹56.21t |
| Total assets | ₹57.19t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543526's short term assets (₹1,755.9B) exceed its short term liabilities (₹516.0B).
Long Term Liabilities: 543526's short term assets (₹1,755.9B) do not cover its long term liabilities (₹55,697.0B).
Debt to Equity History and Analysis
Debt Level: 543526 is debt free.
Reducing Debt: 543526 has no debt compared to 5 years ago when its debt to equity ratio was 26199.1%.
Debt Coverage: 543526 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 543526 has no debt, therefore coverage of interest payments is not a concern.