IVP Balance Sheet Health
Financial Health criteria checks 3/6
IVP has a total shareholder equity of ₹1.3B and total debt of ₹976.7M, which brings its debt-to-equity ratio to 72.9%. Its total assets and total liabilities are ₹3.3B and ₹2.0B respectively. IVP's EBIT is ₹213.4M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹10.6M.
Key information
72.9%
Debt to equity ratio
₹976.70m
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹10.60m |
| Equity | ₹1.34b |
| Total liabilities | ₹1.96b |
| Total assets | ₹3.30b |
Recent financial health updates
Does IVP (NSE:IVP) Have A Healthy Balance Sheet?
Jul 12
IVP (NSE:IVP) Takes On Some Risk With Its Use Of Debt
Dec 11We 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
Benign Growth For IVP Limited (NSE:IVP) Underpins Its Share Price
Oct 14Increases to IVP Limited's (NSE:IVP) CEO Compensation Might Cool off for now
Aug 02IVP's (NSE:IVP) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 23Does IVP (NSE:IVP) Have A Healthy Balance Sheet?
Jul 12IVP Limited's (NSE:IVP) Shares Leap 33% Yet They're Still Not Telling The Full Story
Jun 15We Think You Can Look Beyond IVP's (NSE:IVP) Lackluster Earnings
Jun 01IVP (NSE:IVP) Is Looking To Continue Growing Its Returns On Capital
May 31IVP 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 (₹2.5B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: IVP's short term assets (₹2.5B) exceed its long term liabilities (₹30.4M).
Debt to Equity History and Analysis
Debt Level: IVP's net debt to equity ratio (72.1%) is considered high.
Reducing Debt: IVP's debt to equity ratio has reduced from 175.8% to 72.9% over the past 5 years.
Debt Coverage: IVP's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: IVP's interest payments on its debt are not well covered by EBIT (2.9x coverage).