IRM Energy Balance Sheet Health
Financial Health criteria checks 6/6
IRM Energy has a total shareholder equity of ₹9.3B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are ₹13.0B and ₹3.6B respectively. IRM Energy's EBIT is ₹1.2B making its interest coverage ratio 4.6. It has cash and short-term investments of ₹5.0B.
Key information
22.6%
Debt to equity ratio
₹2.11b
Debt
Interest coverage ratio | 4.6x |
Cash | ₹5.03b |
Equity | ₹9.32b |
Total liabilities | ₹3.65b |
Total assets | ₹12.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544004's short term assets (₹5.8B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 544004's short term assets (₹5.8B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 544004 has more cash than its total debt.
Reducing Debt: 544004's debt to equity ratio has reduced from 352.9% to 22.6% over the past 5 years.
Debt Coverage: 544004's debt is well covered by operating cash flow (57.2%).
Interest Coverage: 544004's interest payments on its debt are well covered by EBIT (4.6x coverage).