IRIS Business Services Balance Sheet Health
Financial Health criteria checks 6/6
IRIS Business Services has a total shareholder equity of ₹603.2M and total debt of ₹35.9M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ₹1.0B and ₹426.6M respectively. IRIS Business Services's EBIT is ₹150.2M making its interest coverage ratio 162.1. It has cash and short-term investments of ₹225.6M.
Key information
6.0%
Debt to equity ratio
₹35.93m
Debt
| Interest coverage ratio | 162.1x |
| Cash | ₹225.59m |
| Equity | ₹603.19m |
| Total liabilities | ₹426.60m |
| Total assets | ₹1.03b |
Recent financial health updates
No updates
Recent updates
Earnings Tell The Story For IRIS Business Services Limited (NSE:IRIS) As Its Stock Soars 27%
Nov 27
IRIS Business Services Limited's (NSE:IRIS) 26% Jump Shows Its Popularity With Investors
Sep 26Optimistic Investors Push IRIS Business Services Limited (NSE:IRIS) Shares Up 37% But Growth Is Lacking
Jul 30Here's Why IRIS Business Services (NSE:IRIS) Has Caught The Eye Of Investors
Jul 22Earnings Not Telling The Story For IRIS Business Services Limited (NSE:IRIS) After Shares Rise 26%
Jun 15Optimistic Investors Push IRIS Business Services Limited (NSE:IRIS) Shares Up 35% But Growth Is Lacking
May 01Here's Why We Think IRIS Business Services (NSE:IRIS) Might Deserve Your Attention Today
Apr 23IRIS Business Services Limited's (NSE:IRIS) Popularity With Investors Under Threat As Stock Sinks 29%
Mar 14Do IRIS Business Services' (NSE:IRIS) Earnings Warrant Your Attention?
Nov 08Do IRIS Business Services' (NSE:IRIS) Earnings Warrant Your Attention?
Jul 26Financial Position Analysis
Short Term Liabilities: IRIS's short term assets (₹824.5M) exceed its short term liabilities (₹357.8M).
Long Term Liabilities: IRIS's short term assets (₹824.5M) exceed its long term liabilities (₹68.8M).
Debt to Equity History and Analysis
Debt Level: IRIS has more cash than its total debt.
Reducing Debt: IRIS's debt to equity ratio has reduced from 39.9% to 6% over the past 5 years.
Debt Coverage: IRIS's debt is well covered by operating cash flow (513.9%).
Interest Coverage: IRIS's interest payments on its debt are well covered by EBIT (162.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:08 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
IRIS Business Services Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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