ICICI Prudential Life Insurance Balance Sheet Health
Financial Health criteria checks 3/6
ICICI Prudential Life Insurance has a total shareholder equity of ₹115.7B and total debt of ₹12.0B, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are ₹3,268.4B and ₹3,152.6B respectively. ICICI Prudential Life Insurance's EBIT is ₹11.9B making its interest coverage ratio 14.5. It has cash and short-term investments of ₹1.7B.
Key information
10.4%
Debt to equity ratio
₹12.00b
Debt
| Interest coverage ratio | 14.5x |
| Cash | ₹1.74b |
| Equity | ₹115.74b |
| Total liabilities | ₹3.15t |
| Total assets | ₹3.27t |
Recent financial health updates
No updates
Recent updates
Pinning Down ICICI Prudential Life Insurance Company Limited's (NSE:ICICIPRULI) P/S Is Difficult Right Now
Sep 21
ICICI Prudential Life Insurance Company Limited's (NSE:ICICIPRULI) Shares May Have Run Too Fast Too Soon
Mar 30ICICI Prudential Life Insurance Company Limited's (NSE:ICICIPRULI) Business Is Trailing The Industry But Its Shares Aren't
Dec 27Here's How We Evaluate ICICI Prudential Life Insurance Company Limited's (NSE:ICICIPRULI) Dividend
May 03Need To Know: ICICI Prudential Life Insurance Company Limited (NSE:ICICIPRULI) Insiders Have Been Selling Shares
Mar 17ICICI Prudential Life Insurance Company Limited's (NSE:ICICIPRULI) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?
Feb 15Did ICICI Prudential Life Insurance's (NSE:ICICIPRULI) Share Price Deserve to Gain 19%?
Jan 20Trade Alert: The Chief Distribution Officer Of ICICI Prudential Life Insurance Company Limited (NSE:ICICIPRULI), Amit Palta, Has Sold Some Shares Recently
Dec 17Here's What We Think About ICICI Prudential Life Insurance's (NSE:ICICIPRULI) CEO Pay
Dec 16Don't Ignore The Fact That This Insider Just Sold Some Shares In ICICI Prudential Life Insurance Company Limited (NSE:ICICIPRULI)
Nov 25
Financial Position Analysis
Short Term Liabilities: ICICIPRULI's short term assets (₹91.7B) exceed its short term liabilities (₹73.8B).
Long Term Liabilities: ICICIPRULI's short term assets (₹91.7B) do not cover its long term liabilities (₹3,078.8B).
Debt to Equity History and Analysis
Debt Level: ICICIPRULI's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: ICICIPRULI's debt to equity ratio has increased from 0% to 10.4% over the past 5 years.
Debt Coverage: ICICIPRULI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ICICIPRULI's interest payments on its debt are well covered by EBIT (14.5x coverage).