Indo Amines Balance Sheet Health
Financial Health criteria checks 5/6
Indo Amines has a total shareholder equity of ₹2.9B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are ₹7.3B and ₹4.4B respectively. Indo Amines's EBIT is ₹752.0M making its interest coverage ratio 4. It has cash and short-term investments of ₹320.3M.
Key information
91.1%
Debt to equity ratio
₹2.67b
Debt
| Interest coverage ratio | 4x |
| Cash | ₹320.29m |
| Equity | ₹2.93b |
| Total liabilities | ₹4.41b |
| Total assets | ₹7.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524648's short term assets (₹4.7B) exceed its short term liabilities (₹3.7B).
Long Term Liabilities: 524648's short term assets (₹4.7B) exceed its long term liabilities (₹713.0M).
Debt to Equity History and Analysis
Debt Level: 524648's net debt to equity ratio (80.1%) is considered high.
Reducing Debt: 524648's debt to equity ratio has reduced from 115.4% to 91.1% over the past 5 years.
Debt Coverage: 524648's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 524648's interest payments on its debt are well covered by EBIT (4x coverage).