Indus Towers Balance Sheet Health
Financial Health criteria checks 4/6
Indus Towers has a total shareholder equity of ₹289.4B and total debt of ₹32.3B, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are ₹576.7B and ₹287.3B respectively. Indus Towers's EBIT is ₹94.8B making its interest coverage ratio 12. It has cash and short-term investments of ₹8.5B.
Key information
11.2%
Debt to equity ratio
₹32.28b
Debt
| Interest coverage ratio | 12x |
| Cash | ₹8.50b |
| Equity | ₹289.44b |
| Total liabilities | ₹287.26b |
| Total assets | ₹576.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534816's short term assets (₹109.6B) exceed its short term liabilities (₹99.7B).
Long Term Liabilities: 534816's short term assets (₹109.6B) do not cover its long term liabilities (₹187.5B).
Debt to Equity History and Analysis
Debt Level: 534816's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 534816's debt to equity ratio has increased from 8.1% to 11.2% over the past 5 years.
Debt Coverage: 534816's debt is well covered by operating cash flow (420.8%).
Interest Coverage: 534816's interest payments on its debt are well covered by EBIT (12x coverage).