Innokaiz India Balance Sheet Health
Financial Health criteria checks 4/6
Innokaiz India has a total shareholder equity of ₹480.1M and total debt of ₹134.3M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are ₹915.3M and ₹435.2M respectively. Innokaiz India's EBIT is ₹83.3M making its interest coverage ratio 35.1. It has cash and short-term investments of ₹153.1M.
Key information
28.0%
Debt to equity ratio
₹134.31m
Debt
Interest coverage ratio | 35.1x |
Cash | ₹153.10m |
Equity | ₹480.12m |
Total liabilities | ₹435.17m |
Total assets | ₹915.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543905's short term assets (₹834.8M) exceed its short term liabilities (₹299.0M).
Long Term Liabilities: 543905's short term assets (₹834.8M) exceed its long term liabilities (₹136.2M).
Debt to Equity History and Analysis
Debt Level: 543905 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543905's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543905's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543905's interest payments on its debt are well covered by EBIT (35.1x coverage).