India Cements Balance Sheet Health
Financial Health criteria checks 3/6
India Cements has a total shareholder equity of ₹56.6B and total debt of ₹28.3B, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are ₹112.4B and ₹55.8B respectively.
Key information
50.1%
Debt to equity ratio
₹28.32b
Debt
Interest coverage ratio | n/a |
Cash | ₹752.70m |
Equity | ₹56.58b |
Total liabilities | ₹55.80b |
Total assets | ₹112.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530005's short term assets (₹32.9B) exceed its short term liabilities (₹29.9B).
Long Term Liabilities: 530005's short term assets (₹32.9B) exceed its long term liabilities (₹25.9B).
Debt to Equity History and Analysis
Debt Level: 530005's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: 530005's debt to equity ratio has reduced from 62.6% to 50.1% over the past 5 years.
Debt Coverage: 530005's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530005's interest payments on its debt are well covered by EBIT.