Innomet Advanced Materials Balance Sheet Health
Financial Health criteria checks 3/6
Innomet Advanced Materials has a total shareholder equity of ₹147.2M and total debt of ₹133.1M, which brings its debt-to-equity ratio to 90.4%. Its total assets and total liabilities are ₹341.7M and ₹194.5M respectively. Innomet Advanced Materials's EBIT is ₹47.2M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹159.0K.
Key information
90.4%
Debt to equity ratio
₹133.13m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹159.00k |
| Equity | ₹147.20m |
| Total liabilities | ₹194.48m |
| Total assets | ₹341.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INNOMET's short term assets (₹155.5M) exceed its short term liabilities (₹125.1M).
Long Term Liabilities: INNOMET's short term assets (₹155.5M) exceed its long term liabilities (₹69.3M).
Debt to Equity History and Analysis
Debt Level: INNOMET's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: Insufficient data to determine if INNOMET's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: INNOMET's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: INNOMET's interest payments on its debt are well covered by EBIT (3.2x coverage).