Inani Marbles and Industries Balance Sheet Health
Financial Health criteria checks 2/6
Inani Marbles and Industries has a total shareholder equity of ₹505.6M and total debt of ₹268.2M, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are ₹897.5M and ₹391.9M respectively.
Key information
53.0%
Debt to equity ratio
₹268.22m
Debt
Interest coverage ratio | n/a |
Cash | ₹3.06m |
Equity | ₹505.65m |
Total liabilities | ₹391.87m |
Total assets | ₹897.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531129's short term assets (₹566.4M) exceed its short term liabilities (₹324.5M).
Long Term Liabilities: 531129's short term assets (₹566.4M) exceed its long term liabilities (₹67.4M).
Debt to Equity History and Analysis
Debt Level: 531129's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: 531129's debt to equity ratio has increased from 42.4% to 53% over the past 5 years.
Debt Coverage: 531129's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: Insufficient data to determine if 531129's interest payments on its debt are well covered by EBIT.