Logica Infoway Balance Sheet Health
Financial Health criteria checks 3/6
Logica Infoway has a total shareholder equity of ₹612.8M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 176.1%. Its total assets and total liabilities are ₹2.2B and ₹1.6B respectively. Logica Infoway's EBIT is ₹172.9M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹6.7M.
Key information
176.1%
Debt to equity ratio
₹1.08b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹6.74m |
| Equity | ₹612.82m |
| Total liabilities | ₹1.57b |
| Total assets | ₹2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543746's short term assets (₹1.9B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 543746's short term assets (₹1.9B) exceed its long term liabilities (₹24.6M).
Debt to Equity History and Analysis
Debt Level: 543746's net debt to equity ratio (175%) is considered high.
Reducing Debt: 543746's debt to equity ratio has increased from 119.1% to 176.1% over the past 5 years.
Debt Coverage: 543746's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 543746's interest payments on its debt are not well covered by EBIT (2.3x coverage).