IFL Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
IFL Enterprises has a total shareholder equity of ₹256.3M and total debt of ₹3.4M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹289.0M and ₹32.7M respectively. IFL Enterprises's EBIT is ₹10.0M making its interest coverage ratio 48.2. It has cash and short-term investments of ₹10.2M.
Key information
1.3%
Debt to equity ratio
₹3.39m
Debt
| Interest coverage ratio | 48.2x |
| Cash | ₹10.23m |
| Equity | ₹256.26m |
| Total liabilities | ₹32.75m |
| Total assets | ₹289.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540377's short term assets (₹272.1M) exceed its short term liabilities (₹30.2M).
Long Term Liabilities: 540377's short term assets (₹272.1M) exceed its long term liabilities (₹2.6M).
Debt to Equity History and Analysis
Debt Level: 540377 has more cash than its total debt.
Reducing Debt: 540377's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: 540377's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540377's interest payments on its debt are well covered by EBIT (48.2x coverage).