Innova Captab Balance Sheet Health
Financial Health criteria checks 4/6
Innova Captab has a total shareholder equity of ₹3.9B and total debt of ₹5.2B, which brings its debt-to-equity ratio to 133.8%. Its total assets and total liabilities are ₹11.7B and ₹7.8B respectively. Innova Captab's EBIT is ₹1.3B making its interest coverage ratio 5.4. It has cash and short-term investments of ₹604.6M.
Key information
133.8%
Debt to equity ratio
₹5.20b
Debt
Interest coverage ratio | 5.4x |
Cash | ₹604.64m |
Equity | ₹3.89b |
Total liabilities | ₹7.85b |
Total assets | ₹11.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INNOVACAP's short term assets (₹5.7B) exceed its short term liabilities (₹4.0B).
Long Term Liabilities: INNOVACAP's short term assets (₹5.7B) exceed its long term liabilities (₹3.8B).
Debt to Equity History and Analysis
Debt Level: INNOVACAP's net debt to equity ratio (118.2%) is considered high.
Reducing Debt: INNOVACAP's debt to equity ratio has increased from 94.1% to 133.8% over the past 5 years.
Debt Coverage: INNOVACAP's debt is well covered by operating cash flow (31.8%).
Interest Coverage: INNOVACAP's interest payments on its debt are well covered by EBIT (5.4x coverage).