Indian Toners & Developers Balance Sheet Health
Financial Health criteria checks 5/6
Indian Toners & Developers has a total shareholder equity of ₹2.1B and total debt of ₹15.8M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹2.3B and ₹236.3M respectively. Indian Toners & Developers's EBIT is ₹276.4M making its interest coverage ratio 124.7. It has cash and short-term investments of ₹876.3M.
Key information
0.8%
Debt to equity ratio
₹15.84m
Debt
| Interest coverage ratio | 124.7x |
| Cash | ₹876.29m |
| Equity | ₹2.10b |
| Total liabilities | ₹236.25m |
| Total assets | ₹2.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523586's short term assets (₹1.4B) exceed its short term liabilities (₹133.2M).
Long Term Liabilities: 523586's short term assets (₹1.4B) exceed its long term liabilities (₹103.1M).
Debt to Equity History and Analysis
Debt Level: 523586 has more cash than its total debt.
Reducing Debt: 523586's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 523586's debt is well covered by operating cash flow (1512.9%).
Interest Coverage: 523586's interest payments on its debt are well covered by EBIT (124.7x coverage).