IFL Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
IFL Enterprises has a total shareholder equity of ₹263.0M and total debt of ₹5.2M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₹290.6M and ₹27.6M respectively. IFL Enterprises's EBIT is ₹22.0M making its interest coverage ratio 293.5. It has cash and short-term investments of ₹8.3M.
Key information
2.0%
Debt to equity ratio
₹5.20m
Debt
Interest coverage ratio | 293.5x |
Cash | ₹8.33m |
Equity | ₹263.05m |
Total liabilities | ₹27.60m |
Total assets | ₹290.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540377's short term assets (₹286.8M) exceed its short term liabilities (₹25.9M).
Long Term Liabilities: 540377's short term assets (₹286.8M) exceed its long term liabilities (₹1.7M).
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 2% 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 (293.5x coverage).