Innova Captab Balance Sheet Health
Financial Health criteria checks 6/6
Innova Captab has a total shareholder equity of ₹9.0B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are ₹14.3B and ₹5.4B respectively. Innova Captab's EBIT is ₹1.6B making its interest coverage ratio 40.4. It has cash and short-term investments of ₹181.4M.
Key information
28.9%
Debt to equity ratio
₹2.59b
Debt
| Interest coverage ratio | 40.4x |
| Cash | ₹181.35m |
| Equity | ₹8.95b |
| Total liabilities | ₹5.39b |
| Total assets | ₹14.35b |
Recent financial health updates
Recent updates
Even With A 27% Surge, Cautious Investors Are Not Rewarding Innova Captab Limited's (NSE:INNOVACAP) Performance Completely
Aug 01
Innova Captab (NSE:INNOVACAP) Has A Pretty Healthy Balance Sheet
Jul 19We Think That There Are Issues Underlying Innova Captab's (NSE:INNOVACAP) Earnings
Jun 06What Innova Captab Limited's (NSE:INNOVACAP) P/E Is Not Telling You
May 21Financial Position Analysis
Short Term Liabilities: INNOVACAP's short term assets (₹5.9B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: INNOVACAP's short term assets (₹5.9B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: INNOVACAP's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: INNOVACAP's debt to equity ratio has reduced from 65.4% to 28.9% over the past 5 years.
Debt Coverage: INNOVACAP's debt is well covered by operating cash flow (38.6%).
Interest Coverage: INNOVACAP's interest payments on its debt are well covered by EBIT (40.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Innova Captab Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amey Chalke | JM Financial Institutional Securities Limited |