Innokaiz India Balance Sheet Health
Financial Health criteria checks 4/6
Innokaiz India has a total shareholder equity of ₹478.7M and total debt of ₹186.9M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are ₹837.5M and ₹358.9M respectively. Innokaiz India's EBIT is ₹37.2M making its interest coverage ratio 7.4. It has cash and short-term investments of ₹46.6M.
Key information
39.1%
Debt to equity ratio
₹186.94m
Debt
| Interest coverage ratio | 7.4x |
| Cash | ₹46.61m |
| Equity | ₹478.67m |
| Total liabilities | ₹358.85m |
| Total assets | ₹837.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543905's short term assets (₹581.5M) exceed its short term liabilities (₹201.3M).
Long Term Liabilities: 543905's short term assets (₹581.5M) exceed its long term liabilities (₹157.6M).
Debt to Equity History and Analysis
Debt Level: 543905's net debt to equity ratio (29.3%) is considered satisfactory.
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 (7.4x coverage).