Indian Metals and Ferro Alloys Balance Sheet Health
Financial Health criteria checks 5/6
Indian Metals and Ferro Alloys has a total shareholder equity of ₹20.8B and total debt of ₹3.7B, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are ₹27.9B and ₹7.2B respectively. Indian Metals and Ferro Alloys's EBIT is ₹5.3B making its interest coverage ratio 22.2. It has cash and short-term investments of ₹3.9B.
Key information
18.0%
Debt to equity ratio
₹3.73b
Debt
Interest coverage ratio | 22.2x |
Cash | ₹3.91b |
Equity | ₹20.77b |
Total liabilities | ₹7.18b |
Total assets | ₹27.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533047's short term assets (₹16.6B) exceed its short term liabilities (₹6.4B).
Long Term Liabilities: 533047's short term assets (₹16.6B) exceed its long term liabilities (₹777.8M).
Debt to Equity History and Analysis
Debt Level: 533047 has more cash than its total debt.
Reducing Debt: 533047's debt to equity ratio has reduced from 64.3% to 18% over the past 5 years.
Debt Coverage: 533047's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 533047's interest payments on its debt are well covered by EBIT (22.2x coverage).