Insecticides (India) Balance Sheet Health
Financial Health criteria checks 6/6
Insecticides (India) has a total shareholder equity of ₹11.2B and total debt of ₹611.8M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ₹18.1B and ₹6.9B respectively. Insecticides (India)'s EBIT is ₹1.7B making its interest coverage ratio 42.5. It has cash and short-term investments of ₹715.7M.
Key information
5.5%
Debt to equity ratio
₹611.78m
Debt
| Interest coverage ratio | 42.5x |
| Cash | ₹715.72m |
| Equity | ₹11.18b |
| Total liabilities | ₹6.93b |
| Total assets | ₹18.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532851's short term assets (₹13.4B) exceed its short term liabilities (₹6.5B).
Long Term Liabilities: 532851's short term assets (₹13.4B) exceed its long term liabilities (₹417.1M).
Debt to Equity History and Analysis
Debt Level: 532851 has more cash than its total debt.
Reducing Debt: 532851's debt to equity ratio has reduced from 40.4% to 5.5% over the past 5 years.
Debt Coverage: 532851's debt is well covered by operating cash flow (379.3%).
Interest Coverage: 532851's interest payments on its debt are well covered by EBIT (42.5x coverage).