IVP Balance Sheet Health
Financial Health criteria checks 5/6
IVP has a total shareholder equity of ₹1.3B and total debt of ₹893.2M, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are ₹3.3B and ₹2.0B respectively. IVP's EBIT is ₹248.6M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹19.8M.
Key information
68.9%
Debt to equity ratio
₹893.20m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹19.80m |
| Equity | ₹1.30b |
| Total liabilities | ₹2.01b |
| Total assets | ₹3.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507580's short term assets (₹2.6B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: 507580's short term assets (₹2.6B) exceed its long term liabilities (₹32.4M).
Debt to Equity History and Analysis
Debt Level: 507580's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: 507580's debt to equity ratio has reduced from 174.7% to 68.9% over the past 5 years.
Debt Coverage: 507580's debt is well covered by operating cash flow (50.8%).
Interest Coverage: 507580's interest payments on its debt are well covered by EBIT (3.2x coverage).