IVP Balance Sheet Health
Financial Health criteria checks 5/6
IVP has a total shareholder equity of ₹1.2B and total debt of ₹901.3M, which brings its debt-to-equity ratio to 73.3%. Its total assets and total liabilities are ₹3.2B and ₹2.0B respectively. IVP's EBIT is ₹305.8M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹34.6M.
Key information
73.3%
Debt to equity ratio
₹901.30m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹34.60m |
| Equity | ₹1.23b |
| Total liabilities | ₹1.98b |
| Total assets | ₹3.21b |
Recent financial health updates
IVP (NSE:IVP) Takes On Some Risk With Its Use Of Debt
Dec 11
We Think IVP (NSE:IVP) Is Taking Some Risk With Its Debt
Dec 25Is IVP (NSE:IVP) Using Too Much Debt?
May 20IVP (NSE:IVP) Takes On Some Risk With Its Use Of Debt
Feb 11We Think IVP (NSE:IVP) Has A Fair Chunk Of Debt
Jan 23Recent updates
IVP Limited (NSE:IVP) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough
Mar 07IVP Limited (NSE:IVP) Shares Fly 26% But Investors Aren't Buying For Growth
Jan 06IVP (NSE:IVP) Takes On Some Risk With Its Use Of Debt
Dec 11IVP (NSE:IVP) Knows How To Allocate Capital Effectively
Oct 31Returns on Capital Paint A Bright Future For IVP (NSE:IVP)
Apr 29We Think IVP (NSE:IVP) Is Taking Some Risk With Its Debt
Dec 25IVP's (NSE:IVP) Dividend Will Be Increased To ₹1.50
Jul 17IVP (NSE:IVP) Is Increasing Its Dividend To ₹1.50
Jul 03IVP (NSE:IVP) Is Investing Its Capital With Increasing Efficiency
Jun 28Is IVP (NSE:IVP) Using Too Much Debt?
May 20IVP (NSE:IVP) Takes On Some Risk With Its Use Of Debt
Feb 11We Think That There Are Issues Underlying IVP's (NSE:IVP) Earnings
Nov 21We Think Shareholders Are Less Likely To Approve A Large Pay Rise For IVP Limited's (NSE:IVP) CEO For Now
Jul 21We Think IVP (NSE:IVP) Has A Fair Chunk Of Debt
Jan 23Here's What We Learned About The CEO Pay At IVP Limited (NSE:IVP)
Dec 01
Financial Position Analysis
Short Term Liabilities: IVP's short term assets (₹2.4B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: IVP's short term assets (₹2.4B) exceed its long term liabilities (₹36.5M).
Debt to Equity History and Analysis
Debt Level: IVP's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: IVP's debt to equity ratio has reduced from 151.8% to 73.3% over the past 5 years.
Debt Coverage: IVP's debt is well covered by operating cash flow (123%).
Interest Coverage: IVP's interest payments on its debt are well covered by EBIT (3.2x coverage).