Innovana Thinklabs Balance Sheet Health
Financial Health criteria checks 4/6
Innovana Thinklabs has a total shareholder equity of ₹1.3B and total debt of ₹142.7M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ₹1.8B and ₹457.1M respectively. Innovana Thinklabs's EBIT is ₹466.5M making its interest coverage ratio -62.2. It has cash and short-term investments of ₹22.0M.
Key information
10.8%
Debt to equity ratio
₹142.69m
Debt
| Interest coverage ratio | -62.2x |
| Cash | ₹21.99m |
| Equity | ₹1.32b |
| Total liabilities | ₹457.12m |
| Total assets | ₹1.78b |
Recent financial health updates
No updates
Recent updates
Many Still Looking Away From Innovana Thinklabs Limited (NSE:INNOVANA)
Dec 21
Should You Be Adding Innovana Thinklabs (NSE:INNOVANA) To Your Watchlist Today?
Aug 30Be Wary Of Innovana Thinklabs (NSE:INNOVANA) And Its Returns On Capital
Feb 28The Returns On Capital At Innovana Thinklabs (NSE:INNOVANA) Don't Inspire Confidence
Nov 30Innovana Thinklabs (NSE:INNOVANA) May Have Issues Allocating Its Capital
Jul 07Does Innovana Thinklabs (NSE:INNOVANA) Deserve A Spot On Your Watchlist?
Jun 11Here's Why We Think Innovana Thinklabs (NSE:INNOVANA) Is Well Worth Watching
Dec 30Here's What's Concerning About Innovana Thinklabs' (NSE:INNOVANA) Returns On Capital
Nov 16Should You Be Adding Innovana Thinklabs (NSE:INNOVANA) To Your Watchlist Today?
May 23Innovana Thinklabs Limited's (NSE:INNOVANA) Stock Been Rising: Are Strong Financials Guiding The Market?
Feb 07With EPS Growth And More, Innovana Thinklabs (NSE:INNOVANA) Is Interesting
Jan 03
A Quick Analysis On Innovana Thinklabs' (NSE:INNOVANA) CEO Compensation
Dec 08Financial Position Analysis
Short Term Liabilities: INNOVANA's short term assets (₹413.0M) exceed its short term liabilities (₹357.2M).
Long Term Liabilities: INNOVANA's short term assets (₹413.0M) exceed its long term liabilities (₹99.9M).
Debt to Equity History and Analysis
Debt Level: INNOVANA's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: INNOVANA's debt to equity ratio has increased from 1.7% to 10.8% over the past 5 years.
Debt Coverage: INNOVANA's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: INNOVANA earns more interest than it pays, so coverage of interest payments is not a concern.