IFL Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
IFL Enterprises has a total shareholder equity of ₹746.2M and total debt of ₹42.4M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are ₹1.4B and ₹683.1M respectively. IFL Enterprises's EBIT is ₹253.0K making its interest coverage ratio 0.9. It has cash and short-term investments of ₹10.1M.
Key information
5.7%
Debt to equity ratio
₹42.35m
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹10.15m |
| Equity | ₹746.17m |
| Total liabilities | ₹683.07m |
| Total assets | ₹1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540377's short term assets (₹1.4B) exceed its short term liabilities (₹681.2M).
Long Term Liabilities: 540377's short term assets (₹1.4B) exceed its long term liabilities (₹1.9M).
Debt to Equity History and Analysis
Debt Level: 540377's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 540377's debt to equity ratio has increased from 0% to 5.7% 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 not well covered by EBIT (0.9x coverage).