India Glycols Balance Sheet Health
Financial Health criteria checks 3/6
India Glycols has a total shareholder equity of ₹20.5B and total debt of ₹13.5B, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are ₹56.2B and ₹35.7B respectively. India Glycols's EBIT is ₹3.2B making its interest coverage ratio 2.5. It has cash and short-term investments of ₹1.4B.
Key information
65.7%
Debt to equity ratio
₹13.48b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹1.38b |
| Equity | ₹20.51b |
| Total liabilities | ₹35.66b |
| Total assets | ₹56.17b |
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) 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 14You Have To Love India Glycols Limited's (NSE:INDIAGLYCO) Dividend
Oct 24Will India Glycols' (NSE:INDIAGLYCO) Growth In ROCE Persist?
Sep 27Could The India Glycols Limited (NSE:INDIAGLYCO) Ownership Structure Tell Us Something Useful?
Sep 06Financial Position Analysis
Short Term Liabilities: INDIAGLYCO's short term assets (₹19.4B) do not cover its short term liabilities (₹23.7B).
Long Term Liabilities: INDIAGLYCO's short term assets (₹19.4B) exceed its long term liabilities (₹11.9B).
Debt to Equity History and Analysis
Debt Level: INDIAGLYCO's net debt to equity ratio (59%) is considered high.
Reducing Debt: INDIAGLYCO's debt to equity ratio has reduced from 103.9% to 65.7% over the past 5 years.
Debt Coverage: INDIAGLYCO's debt is well covered by operating cash flow (32.5%).
Interest Coverage: INDIAGLYCO's interest payments on its debt are not well covered by EBIT (2.5x coverage).