Indegene Balance Sheet Health
Financial Health criteria checks 5/6
Indegene has a total shareholder equity of ₹14.3B and total debt of ₹4.0B, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are ₹25.5B and ₹11.2B respectively. Indegene's EBIT is ₹4.3B making its interest coverage ratio 8.7. It has cash and short-term investments of ₹9.9B.
Key information
28.2%
Debt to equity ratio
₹4.03b
Debt
Interest coverage ratio | 8.7x |
Cash | ₹9.88b |
Equity | ₹14.29b |
Total liabilities | ₹11.17b |
Total assets | ₹25.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544172's short term assets (₹17.9B) exceed its short term liabilities (₹6.1B).
Long Term Liabilities: 544172's short term assets (₹17.9B) exceed its long term liabilities (₹5.1B).
Debt to Equity History and Analysis
Debt Level: 544172 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 544172's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544172's debt is well covered by operating cash flow (125.9%).
Interest Coverage: 544172's interest payments on its debt are well covered by EBIT (8.7x coverage).