India Glycols Balance Sheet Health
Financial Health criteria checks 3/6
India Glycols has a total shareholder equity of ₹21.4B and total debt of ₹16.3B, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are ₹55.5B and ₹34.2B respectively. India Glycols's EBIT is ₹3.6B making its interest coverage ratio 3.6. It has cash and short-term investments of ₹1.0B.
Key information
76.4%
Debt to equity ratio
₹16.31b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹1.03b |
| Equity | ₹21.36b |
| Total liabilities | ₹34.16b |
| Total assets | ₹55.52b |
Recent financial health updates
Is India Glycols (NSE:INDIAGLYCO) A Risky Investment?
Jul 26
India Glycols (NSE:INDIAGLYCO) Seems To Be Using A Lot Of Debt
Jun 20India Glycols (NSE:INDIAGLYCO) Has No Shortage Of Debt
Aug 23Is India Glycols (NSE:INDIAGLYCO) Using Too Much Debt?
Feb 15India Glycols (NSE:INDIAGLYCO) Use Of Debt Could Be Considered Risky
Nov 14
Recent updates
India Glycols Limited (NSE:INDIAGLYCO) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough
Nov 14India Glycols' (NSE:INDIAGLYCO) Returns On Capital Not Reflecting Well On The Business
Oct 04India Glycols Limited (NSE:INDIAGLYCO) Stock Catapults 25% Though Its Price And Business Still Lag The Market
Aug 20Is India Glycols (NSE:INDIAGLYCO) A Risky Investment?
Jul 26India Glycols Limited (NSE:INDIAGLYCO) Shares Fly 28% But Investors Aren't Buying For Growth
Jul 05India Glycols' (NSE:INDIAGLYCO) Returns On Capital Not Reflecting Well On The Business
Apr 04Even With A 26% Surge, Cautious Investors Are Not Rewarding India Glycols Limited's (NSE:INDIAGLYCO) Performance Completely
Jan 05Here's What's Concerning About India Glycols' (NSE:INDIAGLYCO) Returns On Capital
Jan 02India Glycols (NSE:INDIAGLYCO) Has Announced A Dividend Of ₹7.50
Sep 02India Glycols (NSE:INDIAGLYCO) Has Announced A Dividend Of ₹7.50
Aug 19India Glycols (NSE:INDIAGLYCO) Will Want To Turn Around Its Return Trends
Sep 13India Glycols (NSE:INDIAGLYCO) Seems To Be Using A Lot Of Debt
Jun 20Here's What's Concerning About India Glycols' (NSE:INDIAGLYCO) Returns On Capital
May 12Here's Why I Think India Glycols (NSE:INDIAGLYCO) Might Deserve Your Attention Today
Mar 14India Glycols (NSE:INDIAGLYCO) Hasn't Managed To Accelerate Its Returns
Jan 25We Think That There Are Issues Underlying India Glycols' (NSE:INDIAGLYCO) Earnings
Nov 20India Glycols (NSE:INDIAGLYCO) Has No Shortage Of Debt
Aug 23India Glycols (NSE:INDIAGLYCO) Is Experiencing Growth In Returns On Capital
May 04Should India Glycols Limited (NSE:INDIAGLYCO) Be Part Of Your Dividend Portfolio?
Mar 04Is India Glycols (NSE:INDIAGLYCO) Using Too Much Debt?
Feb 15Does India Glycols (NSE:INDIAGLYCO) Have The Makings Of A Multi-Bagger?
Jan 28What Is The Ownership Structure Like For India Glycols Limited (NSE:INDIAGLYCO)?
Jan 07Can You Imagine How Jubilant India Glycols' (NSE:INDIAGLYCO) Shareholders Feel About Its 188% Share Price Gain?
Dec 20Has India Glycols Limited's (NSE:INDIAGLYCO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 02India Glycols (NSE:INDIAGLYCO) Use Of Debt Could Be Considered Risky
Nov 14Financial Position Analysis
Short Term Liabilities: INDIAGLYCO's short term assets (₹16.5B) do not cover its short term liabilities (₹18.8B).
Long Term Liabilities: INDIAGLYCO's short term assets (₹16.5B) exceed its long term liabilities (₹15.3B).
Debt to Equity History and Analysis
Debt Level: INDIAGLYCO's net debt to equity ratio (71.5%) is considered high.
Reducing Debt: INDIAGLYCO's debt to equity ratio has reduced from 97.7% to 76.4% over the past 5 years.
Debt Coverage: INDIAGLYCO's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: INDIAGLYCO's interest payments on its debt are well covered by EBIT (3.6x coverage).