IOL Chemicals and Pharmaceuticals Balance Sheet Health
Financial Health criteria checks 6/6
IOL Chemicals and Pharmaceuticals has a total shareholder equity of ₹16.6B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ₹22.7B and ₹6.1B respectively. IOL Chemicals and Pharmaceuticals's EBIT is ₹1.2B making its interest coverage ratio -22.6. It has cash and short-term investments of ₹1.5B.
Key information
7.7%
Debt to equity ratio
₹1.28b
Debt
| Interest coverage ratio | -22.6x |
| Cash | ₹1.54b |
| Equity | ₹16.59b |
| Total liabilities | ₹6.06b |
| Total assets | ₹22.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524164's short term assets (₹10.9B) exceed its short term liabilities (₹5.3B).
Long Term Liabilities: 524164's short term assets (₹10.9B) exceed its long term liabilities (₹760.8M).
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 14.7% to 7.7% over the past 5 years.
Debt Coverage: 524164's debt is well covered by operating cash flow (99.1%).
Interest Coverage: 524164 earns more interest than it pays, so coverage of interest payments is not a concern.