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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 19:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Insecticides (India) Limited is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Asian Markets Securities Private Limited |
| Nandan Chakraborty | Axis Capital Limited |
| null null | Batlivala & Karani Securities India Pvt. Ltd. |