IFGL Refractories Balance Sheet Health
Financial Health criteria checks 5/6
IFGL Refractories has a total shareholder equity of ₹10.5B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are ₹15.0B and ₹4.5B respectively. IFGL Refractories's EBIT is ₹1.3B making its interest coverage ratio 20.3. It has cash and short-term investments of ₹1.8B.
Key information
17.8%
Debt to equity ratio
₹1.86b
Debt
| Interest coverage ratio | 20.3x |
| Cash | ₹1.75b |
| Equity | ₹10.47b |
| Total liabilities | ₹4.48b |
| Total assets | ₹14.95b |
Recent financial health updates
These 4 Measures Indicate That IFGL Refractories (NSE:IFGLEXPOR) Is Using Debt Reasonably Well
Dec 21
IFGL Refractories (NSE:IFGLEXPOR) Has A Somewhat Strained Balance Sheet
Jun 07IFGL Refractories (NSE:IFGLEXPOR) Could Easily Take On More Debt
Jun 08Is IFGL Refractories (NSE:IFGLEXPOR) Using Too Much Debt?
Jan 19Recent updates
A Piece Of The Puzzle Missing From IFGL Refractories Limited's (NSE:IFGLEXPOR) 26% Share Price Climb
Apr 10Investors Give IFGL Refractories Limited (NSE:IFGLEXPOR) Shares A 26% Hiding
Feb 14Should You Be Adding IFGL Refractories (NSE:IFGLEXPOR) To Your Watchlist Today?
Feb 13These 4 Measures Indicate That IFGL Refractories (NSE:IFGLEXPOR) Is Using Debt Reasonably Well
Dec 21Is IFGL Refractories Limited (NSE:IFGLEXPOR) Potentially Undervalued?
Nov 07Here's Why We Think IFGL Refractories (NSE:IFGLEXPOR) Is Well Worth Watching
Oct 12IFGL Refractories (NSE:IFGLEXPOR) Has Some Way To Go To Become A Multi-Bagger
Jul 04IFGL Refractories (NSE:IFGLEXPOR) Has A Somewhat Strained Balance Sheet
Jun 07Shareholders May Be More Conservative With IFGL Refractories Limited's (NSE:IFGLEXPOR) CEO Compensation For Now
Sep 22Returns On Capital At IFGL Refractories (NSE:IFGLEXPOR) Paint A Concerning Picture
Jun 21IFGL Refractories (NSE:IFGLEXPOR) May Have Issues Allocating Its Capital
Feb 18IFGL Refractories (NSE:IFGLEXPOR) Is Experiencing Growth In Returns On Capital
Nov 17It Looks Like The CEO Of IFGL Refractories Limited (NSE:IFGLEXPOR) May Be Underpaid Compared To Peers
Jul 31IFGL Refractories (NSE:IFGLEXPOR) Could Easily Take On More Debt
Jun 08IFGL Refractories (NSE:IFGLEXPOR) Might Be Having Difficulty Using Its Capital Effectively
May 24Did Business Growth Power IFGL Refractories' (NSE:IFGLEXPOR) Share Price Gain of 118%?
Mar 14A Look At IFGL Refractories' (NSE:IFGLEXPOR) CEO Remuneration
Feb 21
The Returns At IFGL Refractories (NSE:IFGLEXPOR) Provide Us With Signs Of What's To Come
Feb 03Is IFGL Refractories (NSE:IFGLEXPOR) Using Too Much Debt?
Jan 19IFGL Refractories Limited (NSE:IFGLEXPOR) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Jan 04Here's Why We Think IFGL Refractories's (NSE:IFGLEXPOR) Statutory Earnings Might Be Conservative
Dec 20Should IFGL Refractories (NSE:IFGLEXPOR) Be Disappointed With Their 43% Profit?
Dec 05How Much Is IFGL Refractories' (NSE:IFGLEXPOR) CEO Getting Paid?
Nov 17Financial Position Analysis
Short Term Liabilities: IFGLEXPOR's short term assets (₹8.8B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: IFGLEXPOR's short term assets (₹8.8B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: IFGLEXPOR's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: IFGLEXPOR's debt to equity ratio has increased from 12.4% to 17.8% over the past 5 years.
Debt Coverage: IFGLEXPOR's debt is well covered by operating cash flow (24%).
Interest Coverage: IFGLEXPOR's interest payments on its debt are well covered by EBIT (20.3x coverage).