Ind-Swift Balance Sheet Health
Financial Health criteria checks 0/6
Ind-Swift has a total shareholder equity of ₹-6.9B and total debt of ₹10.1B, which brings its debt-to-equity ratio to -146.8%. Its total assets and total liabilities are ₹6.5B and ₹13.5B respectively. Ind-Swift's EBIT is ₹794.0M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹631.4M.
Key information
-146.8%
Debt to equity ratio
₹10.14b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹631.37m |
Equity | -₹6.91b |
Total liabilities | ₹13.45b |
Total assets | ₹6.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: INDSWFTLTD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: INDSWFTLTD 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: INDSWFTLTD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: INDSWFTLTD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: INDSWFTLTD's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: INDSWFTLTD's interest payments on its debt are not well covered by EBIT (1.3x coverage).