IVP Balance Sheet Health
Financial Health criteria checks 5/6
IVP has a total shareholder equity of ₹1.2B and total debt of ₹901.3M, which brings its debt-to-equity ratio to 73.3%. Its total assets and total liabilities are ₹3.2B and ₹2.0B respectively. IVP's EBIT is ₹305.8M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹34.6M.
Key information
73.3%
Debt to equity ratio
₹901.30m
Debt
Interest coverage ratio | 3.2x |
Cash | ₹34.60m |
Equity | ₹1.23b |
Total liabilities | ₹1.98b |
Total assets | ₹3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507580's short term assets (₹2.4B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 507580's short term assets (₹2.4B) exceed its long term liabilities (₹36.5M).
Debt to Equity History and Analysis
Debt Level: 507580's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: 507580's debt to equity ratio has reduced from 151.8% to 73.3% over the past 5 years.
Debt Coverage: 507580's debt is well covered by operating cash flow (123%).
Interest Coverage: 507580's interest payments on its debt are well covered by EBIT (3.2x coverage).