Logica Infoway Balance Sheet Health
Financial Health criteria checks 3/6
Logica Infoway has a total shareholder equity of ₹645.2M and total debt of ₹1.3B, which brings its debt-to-equity ratio to 205.3%. Its total assets and total liabilities are ₹2.5B and ₹1.8B respectively. Logica Infoway's EBIT is ₹197.6M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹27.6M.
Key information
205.3%
Debt to equity ratio
₹1.32b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹27.55m |
| Equity | ₹645.18m |
| Total liabilities | ₹1.83b |
| Total assets | ₹2.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543746's short term assets (₹2.1B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 543746's short term assets (₹2.1B) exceed its long term liabilities (₹21.4M).
Debt to Equity History and Analysis
Debt Level: 543746's net debt to equity ratio (201%) is considered high.
Reducing Debt: 543746's debt to equity ratio has increased from 109.6% to 205.3% over the past 5 years.
Debt Coverage: 543746's debt is well covered by operating cash flow (22.3%).
Interest Coverage: 543746's interest payments on its debt are not well covered by EBIT (2.2x coverage).