India Gelatine & Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
India Gelatine & Chemicals has a total shareholder equity of ₹1.5B and total debt of ₹78.8M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ₹1.8B and ₹303.4M respectively. India Gelatine & Chemicals's EBIT is ₹297.7M making its interest coverage ratio 40.4. It has cash and short-term investments of ₹318.3M.
Key information
5.1%
Debt to equity ratio
₹78.83m
Debt
Interest coverage ratio | 40.4x |
Cash | ₹318.34m |
Equity | ₹1.54b |
Total liabilities | ₹303.38m |
Total assets | ₹1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531253's short term assets (₹930.8M) exceed its short term liabilities (₹179.3M).
Long Term Liabilities: 531253's short term assets (₹930.8M) exceed its long term liabilities (₹124.1M).
Debt to Equity History and Analysis
Debt Level: 531253 has more cash than its total debt.
Reducing Debt: 531253's debt to equity ratio has increased from 0% to 5.1% over the past 5 years.
Debt Coverage: 531253's debt is well covered by operating cash flow (233.2%).
Interest Coverage: 531253's interest payments on its debt are well covered by EBIT (40.4x coverage).