India Pesticides Balance Sheet Health
Financial Health criteria checks 6/6
India Pesticides has a total shareholder equity of ₹8.0B and total debt of ₹156.2M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₹9.8B and ₹1.8B respectively. India Pesticides's EBIT is ₹1.1B making its interest coverage ratio -57.6. It has cash and short-term investments of ₹560.1M.
Key information
2.0%
Debt to equity ratio
₹156.20m
Debt
| Interest coverage ratio | -57.6x |
| Cash | ₹560.10m |
| Equity | ₹8.00b |
| Total liabilities | ₹1.79b |
| Total assets | ₹9.78b |
Recent financial health updates
Recent updates
India Pesticides Limited's (NSE:IPL) Stock Retreats 33% But Earnings Haven't Escaped The Attention Of Investors
Mar 14
We Think India Pesticides (NSE:IPL) Is Taking Some Risk With Its Debt
Mar 13There's Reason For Concern Over India Pesticides Limited's (NSE:IPL) Massive 29% Price Jump
Dec 27India Pesticides' (NSE:IPL) Returns On Capital Not Reflecting Well On The Business
Oct 26India Pesticides (NSE:IPL) Is Due To Pay A Dividend Of ₹0.75
Aug 03India Pesticides (NSE:IPL) Has Affirmed Its Dividend Of ₹0.75
Jul 15India Pesticides (NSE:IPL) Has Affirmed Its Dividend Of ₹0.75
Jun 03New Forecasts: Here's What Analysts Think The Future Holds For India Pesticides Limited (NSE:IPL)
Aug 12India Pesticides (NSE:IPL) Could Be Struggling To Allocate Capital
Jul 08Earnings Miss: India Pesticides Limited Missed EPS By 9.3% And Analysts Are Revising Their Forecasts
Jun 02India Pesticides Limited's (NSE:IPL) Share Price Is Matching Sentiment Around Its Earnings
May 12Financial Position Analysis
Short Term Liabilities: IPL's short term assets (₹5.4B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: IPL's short term assets (₹5.4B) exceed its long term liabilities (₹239.1M).
Debt to Equity History and Analysis
Debt Level: IPL has more cash than its total debt.
Reducing Debt: IPL's debt to equity ratio has reduced from 32.5% to 2% over the past 5 years.
Debt Coverage: IPL's debt is well covered by operating cash flow (401.9%).
Interest Coverage: IPL earns more interest than it pays, so coverage of interest payments is not a concern.