Life Insurance Corporation of India Balance Sheet Health
Financial Health criteria checks 5/6
Life Insurance of India has a total shareholder equity of ₹621.7B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹49,245.0B and ₹48,623.3B respectively. Life Insurance of India's EBIT is ₹265.4B making its interest coverage ratio 342.8. It has cash and short-term investments of ₹371.9B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 342.8x |
| Cash | ₹371.87b |
| Equity | ₹621.69b |
| Total liabilities | ₹48.62t |
| Total assets | ₹49.24t |
Recent financial health updates
No updates
Recent updates
Further Upside For Life Insurance Corporation of India (NSE:LICI) Shares Could Introduce Price Risks After 30% Bounce
Feb 12
Does Life Insurance Corporation of India (NSE:LICI) Deserve A Spot On Your Watchlist?
Jan 25Results: Life Insurance Corporation of India Exceeded Expectations And The Consensus Has Updated Its Estimates
May 27Why We're Not Concerned About Life Insurance Corporation of India's (NSE:LICI) Share Price
Aug 18Financial Position Analysis
Short Term Liabilities: LICI's short term assets (₹1,942.5B) exceed its short term liabilities (₹603.0B).
Long Term Liabilities: LICI's short term assets (₹1,942.5B) do not cover its long term liabilities (₹48,020.2B).
Debt to Equity History and Analysis
Debt Level: LICI is debt free.
Reducing Debt: LICI had no debt 5 years ago.
Debt Coverage: LICI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LICI has no debt, therefore coverage of interest payments is not a concern.