IFGL Refractories Balance Sheet Health
Financial Health criteria checks 5/6
IFGL Refractories has a total shareholder equity of ₹10.7B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are ₹14.9B and ₹4.2B respectively. IFGL Refractories's EBIT is ₹1.1B making its interest coverage ratio 12.9. It has cash and short-term investments of ₹1.8B.
Key information
16.2%
Debt to equity ratio
₹1.74b
Debt
| Interest coverage ratio | 12.9x |
| Cash | ₹1.85b |
| Equity | ₹10.72b |
| Total liabilities | ₹4.18b |
| Total assets | ₹14.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540774's short term assets (₹8.4B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: 540774's short term assets (₹8.4B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 540774 has more cash than its total debt.
Reducing Debt: 540774's debt to equity ratio has increased from 11.2% to 16.2% over the past 5 years.
Debt Coverage: 540774's debt is well covered by operating cash flow (87.4%).
Interest Coverage: 540774's interest payments on its debt are well covered by EBIT (12.9x coverage).