IGC Industries Balance Sheet Health
Financial Health criteria checks 1/6
IGC Industries has a total shareholder equity of ₹10.5M and total debt of ₹138.1M, which brings its debt-to-equity ratio to 1319.6%. Its total assets and total liabilities are ₹150.0M and ₹139.6M respectively.
Key information
1,319.6%
Debt to equity ratio
₹138.07m
Debt
Interest coverage ratio | n/a |
Cash | ₹50.00k |
Equity | ₹10.46m |
Total liabilities | ₹139.57m |
Total assets | ₹150.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539449's short term assets (₹96.2M) do not cover its short term liabilities (₹139.4M).
Long Term Liabilities: 539449's short term assets (₹96.2M) exceed its long term liabilities (₹213.0K).
Debt to Equity History and Analysis
Debt Level: 539449's net debt to equity ratio (1319.1%) is considered high.
Reducing Debt: 539449's debt to equity ratio has increased from 1218.8% to 1319.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 539449 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 539449 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.