Ind-Swift Balance Sheet Health
Financial Health criteria checks 0/6
Ind-Swift has a total shareholder equity of ₹-6.6B and total debt of ₹10.2B, which brings its debt-to-equity ratio to -155.4%. Its total assets and total liabilities are ₹6.9B and ₹13.4B respectively. Ind-Swift's EBIT is ₹583.8M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹688.5M.
Key information
-155.4%
Debt to equity ratio
₹10.23b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹688.45m |
| Equity | -₹6.58b |
| Total liabilities | ₹13.44b |
| Total assets | ₹6.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524652 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 524652 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 524652 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 524652's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 524652's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 524652's interest payments on its debt are not well covered by EBIT (1.3x coverage).