IOL Chemicals and Pharmaceuticals Balance Sheet Health
Financial Health criteria checks 6/6
IOL Chemicals and Pharmaceuticals has a total shareholder equity of ₹16.1B and total debt of ₹327.6M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₹22.4B and ₹6.3B respectively. IOL Chemicals and Pharmaceuticals's EBIT is ₹1.7B making its interest coverage ratio 10.4. It has cash and short-term investments of ₹1.5B.
Key information
2.0%
Debt to equity ratio
₹327.60m
Debt
Interest coverage ratio | 10.4x |
Cash | ₹1.46b |
Equity | ₹16.12b |
Total liabilities | ₹6.33b |
Total assets | ₹22.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524164's short term assets (₹11.2B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: 524164's short term assets (₹11.2B) exceed its long term liabilities (₹728.9M).
Debt to Equity History and Analysis
Debt Level: 524164 has more cash than its total debt.
Reducing Debt: 524164's debt to equity ratio has reduced from 59.9% to 2% over the past 5 years.
Debt Coverage: 524164's debt is well covered by operating cash flow (885.5%).
Interest Coverage: 524164's interest payments on its debt are well covered by EBIT (10.4x coverage).