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 29.2%. 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 -58.9. It has cash and short-term investments of ₹181.4M.
Key information
35.03%
Debt to equity ratio
₹3.36b
Debt
| Interest coverage ratio | 72.1x |
| Cash | ₹681.66m |
| Equity | ₹9.59b |
| Total liabilities | ₹6.21b |
| Total assets | ₹15.80b |
Recent financial health updates
Here's Why Innova Captab (NSE:INNOVACAP) Can Manage Its Debt Responsibly
Jan 29
Innova Captab (NSE:INNOVACAP) Has A Pretty Healthy Balance Sheet
Jul 19Recent updates
Innova Captab Limited's (NSE:INNOVACAP) Intrinsic Value Is Potentially 26% Below Its Share Price
Mar 12Innova Captab Limited's (NSE:INNOVACAP) 25% Share Price Plunge Could Signal Some Risk
Feb 19Here's Why Innova Captab (NSE:INNOVACAP) Can Manage Its Debt Responsibly
Jan 29Even With A 27% Surge, Cautious Investors Are Not Rewarding Innova Captab Limited's (NSE:INNOVACAP) Performance Completely
Aug 01Innova 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 (27.1%) is considered satisfactory.
Reducing Debt: INNOVACAP's debt to equity ratio has reduced from 56.6% to 29.2% over the past 5 years.
Debt Coverage: INNOVACAP's debt is well covered by operating cash flow (38.3%).
Interest Coverage: INNOVACAP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/20 11:24 |
| End of Day Share Price | 2025/05/20 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Innova Captab Limited is covered by 2 analysts. 2 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 |
|---|---|
| Abdulkader Puranwala | ICICI Securities Ltd. |
| Amey Chalke | JM Financial Institutional Securities Limited |