InterGlobe Aviation Balance Sheet Health
Financial Health criteria checks 1/6
InterGlobe Aviation has a total shareholder equity of ₹-29.3B and total debt of ₹493.9B, which brings its debt-to-equity ratio to -1686.7%. Its total assets and total liabilities are ₹731.5B and ₹760.8B respectively. InterGlobe Aviation's EBIT is ₹94.2B making its interest coverage ratio 2.7. It has cash and short-term investments of ₹304.1B.
Key information
-1,686.7%
Debt to equity ratio
₹493.92b
Debt
Interest coverage ratio | 2.7x |
Cash | ₹304.11b |
Equity | -₹29.28b |
Total liabilities | ₹760.81b |
Total assets | ₹731.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539448 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 539448 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 539448 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 539448's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 539448's debt is well covered by operating cash flow (38.9%).
Interest Coverage: 539448's interest payments on its debt are not well covered by EBIT (2.7x coverage).