Info Edge (India) Balance Sheet Health
Financial Health criteria checks 6/6
Info Edge (India) has a total shareholder equity of ₹210.6B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹240.8B and ₹30.2B respectively. Info Edge (India)'s EBIT is ₹7.0B making its interest coverage ratio -4.9. It has cash and short-term investments of ₹40.6B.
Key information
1.3%
Debt to equity ratio
₹2.74b
Debt
Interest coverage ratio | -4.9x |
Cash | ₹40.58b |
Equity | ₹210.61b |
Total liabilities | ₹30.19b |
Total assets | ₹240.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532777's short term assets (₹41.3B) exceed its short term liabilities (₹12.6B).
Long Term Liabilities: 532777's short term assets (₹41.3B) exceed its long term liabilities (₹17.6B).
Debt to Equity History and Analysis
Debt Level: 532777 has more cash than its total debt.
Reducing Debt: 532777 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 532777's debt is well covered by operating cash flow (223.2%).
Interest Coverage: 532777 earns more interest than it pays, so coverage of interest payments is not a concern.