Indo Amines Balance Sheet Health
Financial Health criteria checks 5/6
Indo Amines has a total shareholder equity of ₹2.6B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are ₹6.3B and ₹3.7B respectively. Indo Amines's EBIT is ₹694.7M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹222.7M.
Key information
82.3%
Debt to equity ratio
₹2.17b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹222.69m |
| Equity | ₹2.64b |
| Total liabilities | ₹3.70b |
| Total assets | ₹6.33b |
Recent financial health updates
Here's Why Indo Amines (NSE:INDOAMIN) Has A Meaningful Debt Burden
Aug 07
Does Indo Amines (NSE:INDOAMIN) Have A Healthy Balance Sheet?
Feb 18Recent updates
Indo Amines Limited (NSE:INDOAMIN) Shares Fly 30% But Investors Aren't Buying For Growth
Aug 12Indo Amines (NSE:INDOAMIN) Has Affirmed Its Dividend Of ₹0.50
Aug 11Here's Why Indo Amines (NSE:INDOAMIN) Has A Meaningful Debt Burden
Aug 07Does Indo Amines (NSE:INDOAMIN) Deserve A Spot On Your Watchlist?
Jul 17Indo Amines Limited's (NSE:INDOAMIN) Earnings Are Not Doing Enough For Some Investors
Jun 28Indo Amines Limited (NSE:INDOAMIN) Might Not Be As Mispriced As It Looks After Plunging 25%
Mar 09Does Indo Amines (NSE:INDOAMIN) Have A Healthy Balance Sheet?
Feb 18Should You Be Adding Indo Amines (NSE:INDOAMIN) To Your Watchlist Today?
Jan 31Even With A 33% Surge, Cautious Investors Are Not Rewarding Indo Amines Limited's (NSE:INDOAMIN) Performance Completely
Jan 03A Look Into Indo Amines' (NSE:INDOAMIN) Impressive Returns On Capital
Dec 07Pinning Down Indo Amines Limited's (NSE:INDOAMIN) P/E Is Difficult Right Now
Jun 14Financial Position Analysis
Short Term Liabilities: INDOAMIN's short term assets (₹4.0B) exceed its short term liabilities (₹3.0B).
Long Term Liabilities: INDOAMIN's short term assets (₹4.0B) exceed its long term liabilities (₹665.6M).
Debt to Equity History and Analysis
Debt Level: INDOAMIN's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: INDOAMIN's debt to equity ratio has reduced from 124% to 82.3% over the past 5 years.
Debt Coverage: INDOAMIN's debt is well covered by operating cash flow (32.1%).
Interest Coverage: INDOAMIN's interest payments on its debt are well covered by EBIT (3.2x coverage).