Indraprastha Gas Balance Sheet Health
Financial Health criteria checks 5/6
Indraprastha Gas has a total shareholder equity of ₹90.1B and total debt of ₹843.6M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹134.0B and ₹43.9B respectively. Indraprastha Gas's EBIT is ₹19.3B making its interest coverage ratio -17.4. It has cash and short-term investments of ₹27.9B.
Key information
0.9%
Debt to equity ratio
₹843.60m
Debt
Interest coverage ratio | -17.4x |
Cash | ₹27.86b |
Equity | ₹90.07b |
Total liabilities | ₹43.90b |
Total assets | ₹133.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532514's short term assets (₹40.8B) exceed its short term liabilities (₹39.4B).
Long Term Liabilities: 532514's short term assets (₹40.8B) exceed its long term liabilities (₹4.5B).
Debt to Equity History and Analysis
Debt Level: 532514 has more cash than its total debt.
Reducing Debt: 532514's debt to equity ratio has increased from 0% to 0.9% over the past 5 years.
Debt Coverage: 532514's debt is well covered by operating cash flow (2408.4%).
Interest Coverage: 532514 earns more interest than it pays, so coverage of interest payments is not a concern.