Ind-Swift Laboratories Balance Sheet Health
Financial Health criteria checks 4/6
Ind-Swift Laboratories has a total shareholder equity of ₹7.3B and total debt of ₹8.0B, which brings its debt-to-equity ratio to 109.8%. Its total assets and total liabilities are ₹18.0B and ₹10.7B respectively. Ind-Swift Laboratories's EBIT is ₹2.0B making its interest coverage ratio 2.8. It has cash and short-term investments of ₹132.0M.
Key information
109.8%
Debt to equity ratio
₹8.02b
Debt
Interest coverage ratio | 2.8x |
Cash | ₹132.04m |
Equity | ₹7.30b |
Total liabilities | ₹10.69b |
Total assets | ₹17.99b |
Recent financial health updates
Here's Why Ind-Swift Laboratories (NSE:INDSWFTLAB) Can Manage Its Debt Responsibly
Dec 28These 4 Measures Indicate That Ind-Swift Laboratories (NSE:INDSWFTLAB) Is Using Debt Reasonably Well
Jul 22Ind-Swift Laboratories (NSE:INDSWFTLAB) Has A Somewhat Strained Balance Sheet
Jul 12These 4 Measures Indicate That Ind-Swift Laboratories (NSE:INDSWFTLAB) Is Using Debt Extensively
Nov 11Is Ind-Swift Laboratories (NSE:INDSWFTLAB) A Risky Investment?
Jun 27Recent updates
Ind-Swift Laboratories Limited (NSE:INDSWFTLAB) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Apr 13Here's Why Ind-Swift Laboratories (NSE:INDSWFTLAB) Can Manage Its Debt Responsibly
Dec 28These 4 Measures Indicate That Ind-Swift Laboratories (NSE:INDSWFTLAB) Is Using Debt Reasonably Well
Jul 22Ind-Swift Laboratories (NSE:INDSWFTLAB) Has A Somewhat Strained Balance Sheet
Jul 12Did Business Growth Power Ind-Swift Laboratories' (NSE:INDSWFTLAB) Share Price Gain of 231%?
Feb 17We're Not So Sure You Should Rely on Ind-Swift Laboratories's (NSE:INDSWFTLAB) Statutory Earnings
Dec 30These 4 Measures Indicate That Ind-Swift Laboratories (NSE:INDSWFTLAB) Is Using Debt Extensively
Nov 11Is Ind-Swift Laboratories (NSE:INDSWFTLAB) A Risky Investment?
Jun 27Financial Position Analysis
Short Term Liabilities: INDSWFTLAB's short term assets (₹11.7B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: INDSWFTLAB's short term assets (₹11.7B) exceed its long term liabilities (₹7.5B).
Debt to Equity History and Analysis
Debt Level: INDSWFTLAB's net debt to equity ratio (108%) is considered high.
Reducing Debt: INDSWFTLAB's debt to equity ratio has reduced from 195.4% to 109.8% over the past 5 years.
Debt Coverage: INDSWFTLAB's debt is well covered by operating cash flow (26.9%).
Interest Coverage: INDSWFTLAB's interest payments on its debt are not well covered by EBIT (2.8x coverage).