Insolation Energy Balance Sheet Health
Financial Health criteria checks 3/6
Insolation Energy has a total shareholder equity of ₹679.2M and total debt of ₹698.9M, which brings its debt-to-equity ratio to 102.9%. Its total assets and total liabilities are ₹2.2B and ₹1.5B respectively. Insolation Energy's EBIT is ₹336.5M making its interest coverage ratio 6.6. It has cash and short-term investments of ₹153.8M.
Key information
102.9%
Debt to equity ratio
₹698.88m
Debt
Interest coverage ratio | 6.6x |
Cash | ₹153.76m |
Equity | ₹679.15m |
Total liabilities | ₹1.49b |
Total assets | ₹2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543620's short term assets (₹1.7B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 543620's short term assets (₹1.7B) exceed its long term liabilities (₹441.3M).
Debt to Equity History and Analysis
Debt Level: 543620's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: Insufficient data to determine if 543620's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543620's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543620's interest payments on its debt are well covered by EBIT (6.6x coverage).