Indo Amines Balance Sheet Health
Financial Health criteria checks 4/6
Indo Amines has a total shareholder equity of ₹2.5B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 103.3%. Its total assets and total liabilities are ₹6.4B and ₹3.9B respectively. Indo Amines's EBIT is ₹857.6M making its interest coverage ratio 4.5. It has cash and short-term investments of ₹319.1M.
Key information
103.3%
Debt to equity ratio
₹2.55b
Debt
Interest coverage ratio | 4.5x |
Cash | ₹319.14m |
Equity | ₹2.47b |
Total liabilities | ₹3.94b |
Total assets | ₹6.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524648's short term assets (₹4.1B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: 524648's short term assets (₹4.1B) exceed its long term liabilities (₹666.5M).
Debt to Equity History and Analysis
Debt Level: 524648's net debt to equity ratio (90.4%) is considered high.
Reducing Debt: 524648's debt to equity ratio has reduced from 106.1% to 103.3% over the past 5 years.
Debt Coverage: 524648's debt is not well covered by operating cash flow (8%).
Interest Coverage: 524648's interest payments on its debt are well covered by EBIT (4.5x coverage).