Indian Toners & Developers Balance Sheet Health
Financial Health criteria checks 6/6
Indian Toners & Developers has a total shareholder equity of ₹2.0B and total debt of ₹18.1M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹2.3B and ₹254.8M respectively. Indian Toners & Developers's EBIT is ₹304.1M making its interest coverage ratio -27.6. It has cash and short-term investments of ₹744.1M.
Key information
0.9%
Debt to equity ratio
₹18.15m
Debt
Interest coverage ratio | -27.6x |
Cash | ₹744.14m |
Equity | ₹2.00b |
Total liabilities | ₹254.81m |
Total assets | ₹2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523586's short term assets (₹1.3B) exceed its short term liabilities (₹149.7M).
Long Term Liabilities: 523586's short term assets (₹1.3B) exceed its long term liabilities (₹105.1M).
Debt to Equity History and Analysis
Debt Level: 523586 has more cash than its total debt.
Reducing Debt: 523586 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 523586's debt is well covered by operating cash flow (1339.4%).
Interest Coverage: 523586 earns more interest than it pays, so coverage of interest payments is not a concern.