Indian Emulsifiers Balance Sheet Health
Financial Health criteria checks 3/6
Indian Emulsifiers has a total shareholder equity of ₹284.4M and total debt of ₹236.0M, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are ₹638.7M and ₹354.3M respectively. Indian Emulsifiers's EBIT is ₹131.0M making its interest coverage ratio 6.5. It has cash and short-term investments of ₹3.4M.
Key information
83.0%
Debt to equity ratio
₹236.05m
Debt
| Interest coverage ratio | 6.5x |
| Cash | ₹3.40m |
| Equity | ₹284.38m |
| Total liabilities | ₹354.35m |
| Total assets | ₹638.72m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IEML's short term assets (₹430.6M) exceed its short term liabilities (₹220.5M).
Long Term Liabilities: IEML's short term assets (₹430.6M) exceed its long term liabilities (₹133.9M).
Debt to Equity History and Analysis
Debt Level: IEML's net debt to equity ratio (81.8%) is considered high.
Reducing Debt: Insufficient data to determine if IEML's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IEML's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IEML's interest payments on its debt are well covered by EBIT (6.5x coverage).