Indian Emulsifiers Balance Sheet Health
Financial Health criteria checks 4/6
Indian Emulsifiers has a total shareholder equity of ₹778.1M and total debt of ₹272.0M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ₹1.1B and ₹364.5M respectively. Indian Emulsifiers's EBIT is ₹165.4M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹12.4M.
Key information
35.0%
Debt to equity ratio
₹272.01m
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹12.35m |
| Equity | ₹778.11m |
| Total liabilities | ₹364.50m |
| Total assets | ₹1.14b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IEML's short term assets (₹741.6M) exceed its short term liabilities (₹267.9M).
Long Term Liabilities: IEML's short term assets (₹741.6M) exceed its long term liabilities (₹96.6M).
Debt to Equity History and Analysis
Debt Level: IEML's net debt to equity ratio (33.4%) is considered satisfactory.
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 (6.1x coverage).