Incredible Industries Balance Sheet Health
Financial Health criteria checks 6/6
Incredible Industries has a total shareholder equity of ₹1.4B and total debt of ₹244.1M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are ₹2.0B and ₹597.6M respectively. Incredible Industries's EBIT is ₹153.3M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹30.6M.
Key information
17.9%
Debt to equity ratio
₹244.08m
Debt
| Interest coverage ratio | 3.7x |
| Cash | ₹30.59m |
| Equity | ₹1.36b |
| Total liabilities | ₹597.62m |
| Total assets | ₹1.96b |
Recent financial health updates
Is Incredible Industries (NSE:INCREDIBLE) A Risky Investment?
Nov 10
Incredible Industries (NSE:INCREDIBLE) Has A Somewhat Strained Balance Sheet
Jun 06Incredible Industries (NSE:INCREDIBLE) Seems To Use Debt Quite Sensibly
Dec 26Is Incredible Industries (NSE:INCREDIBLE) A Risky Investment?
Dec 07Here's Why Adhunik Industries (NSE:ADHUNIKIND) Has A Meaningful Debt Burden
Jan 03Is Adhunik Industries (NSE:ADHUNIKIND) Using Too Much Debt?
Sep 01
Recent updates
The Market Lifts Incredible Industries Limited (NSE:INCREDIBLE) Shares 33% But It Can Do More
Nov 23Here's Why Shareholders May Want To Be Cautious With Increasing Incredible Industries Limited's (NSE:INCREDIBLE) CEO Pay Packet
Sep 21Some Shareholders Feeling Restless Over Incredible Industries Limited's (NSE:INCREDIBLE) P/E Ratio
Jul 28Returns On Capital At Incredible Industries (NSE:INCREDIBLE) Paint A Concerning Picture
Mar 04Sentiment Still Eluding Incredible Industries Limited (NSE:INCREDIBLE)
Jan 02Is Incredible Industries (NSE:INCREDIBLE) A Risky Investment?
Nov 10Increases to Incredible Industries Limited's (NSE:INCREDIBLE) CEO Compensation Might Cool off for now
Sep 23Incredible Industries (NSE:INCREDIBLE) Has A Somewhat Strained Balance Sheet
Jun 06Incredible Industries (NSE:INCREDIBLE) Seems To Use Debt Quite Sensibly
Dec 26There Are Reasons To Feel Uneasy About Incredible Industries' (NSE:INCREDIBLE) Returns On Capital
Sep 30Incredible Industries (NSE:INCREDIBLE) Will Want To Turn Around Its Return Trends
May 12Is Incredible Industries (NSE:INCREDIBLE) A Risky Investment?
Dec 07Incredible Industries (NSE:INCREDIBLE) May Have Issues Allocating Its Capital
Jun 10Can Adhunik Industries (NSE:ADHUNIKIND) Turn Things Around?
Feb 25Here's Why Adhunik Industries (NSE:ADHUNIKIND) Has A Meaningful Debt Burden
Jan 03How Well Is Adhunik Industries (NSE:ADHUNIKIND) Allocating Its Capital?
Nov 11Is Adhunik Industries (NSE:ADHUNIKIND) Using Too Much Debt?
Sep 01Financial Position Analysis
Short Term Liabilities: INCREDIBLE's short term assets (₹1.5B) exceed its short term liabilities (₹531.2M).
Long Term Liabilities: INCREDIBLE's short term assets (₹1.5B) exceed its long term liabilities (₹66.4M).
Debt to Equity History and Analysis
Debt Level: INCREDIBLE's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: INCREDIBLE's debt to equity ratio has reduced from 25.3% to 17.9% over the past 5 years.
Debt Coverage: INCREDIBLE's debt is well covered by operating cash flow (128.4%).
Interest Coverage: INCREDIBLE's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Incredible Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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