Indraprastha Gas Balance Sheet Health
Financial Health criteria checks 6/6
Indraprastha Gas has a total shareholder equity of ₹105.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹154.9B and ₹49.0B respectively. Indraprastha Gas's EBIT is ₹17.4B making its interest coverage ratio -12. It has cash and short-term investments of ₹31.8B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -12x |
| Cash | ₹31.83b |
| Equity | ₹105.91b |
| Total liabilities | ₹48.97b |
| Total assets | ₹154.89b |
Recent financial health updates
Is Indraprastha Gas (NSE:IGL) A Risky Investment?
Sep 27
Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?
Feb 06These 4 Measures Indicate That Indraprastha Gas (NSE:IGL) Is Using Debt Reasonably Well
Jul 26Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?
Feb 02Indraprastha Gas (NSE:IGL) Seems To Use Debt Quite Sensibly
Aug 12Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?
Mar 26Recent updates
Indraprastha Gas (NSE:IGL) Will Pay A Larger Dividend Than Last Year At ₹5.50
Oct 31Benign Growth For Indraprastha Gas Limited (NSE:IGL) Underpins Stock's 26% Plummet
Oct 29Is Indraprastha Gas (NSE:IGL) A Risky Investment?
Sep 27Do Indraprastha Gas' (NSE:IGL) Earnings Warrant Your Attention?
Sep 06Earnings Working Against Indraprastha Gas Limited's (NSE:IGL) Share Price
Aug 18Indraprastha Gas' (NSE:IGL) Returns On Capital Not Reflecting Well On The Business
Jul 27Indraprastha Gas' (NSE:IGL) Profits Appear To Have Quality Issues
May 21Indraprastha Gas Limited (NSE:IGL) Just Reported And Analysts Have Been Cutting Their Estimates
May 10Earnings Working Against Indraprastha Gas Limited's (NSE:IGL) Share Price
Apr 29Indraprastha Gas (NSE:IGL) Is Reinvesting To Multiply In Value
Apr 08Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?
Feb 06Little Excitement Around Indraprastha Gas Limited's (NSE:IGL) Earnings
Jan 19The Returns At Indraprastha Gas (NSE:IGL) Aren't Growing
Dec 29Many Would Be Envious Of Indraprastha Gas' (NSE:IGL) Excellent Returns On Capital
Aug 13These 4 Measures Indicate That Indraprastha Gas (NSE:IGL) Is Using Debt Reasonably Well
Jul 26Indraprastha Gas (NSE:IGL) Knows How To Allocate Capital
Apr 29Does Indraprastha Gas (NSE:IGL) Deserve A Spot On Your Watchlist?
Mar 21Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?
Feb 02Shareholders Are Optimistic That Indraprastha Gas (NSE:IGL) Will Multiply In Value
Jan 17Capital Investments At Indraprastha Gas (NSE:IGL) Point To A Promising Future
Sep 26Indraprastha Gas' (NSE:IGL) Upcoming Dividend Will Be Larger Than Last Year's
Sep 04Indraprastha Gas (NSE:IGL) Seems To Use Debt Quite Sensibly
Aug 12Calculating The Intrinsic Value Of Indraprastha Gas Limited (NSE:IGL)
Jul 22Be Wary Of Indraprastha Gas (NSE:IGL) And Its Returns On Capital
Jun 09A Look At The Fair Value Of Indraprastha Gas Limited (NSE:IGL)
Apr 13Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?
Mar 26Capital Investments At Indraprastha Gas (NSE:IGL) Point To A Promising Future
Feb 23Financial Position Analysis
Short Term Liabilities: IGL's short term assets (₹48.7B) exceed its short term liabilities (₹43.6B).
Long Term Liabilities: IGL's short term assets (₹48.7B) exceed its long term liabilities (₹5.4B).
Debt to Equity History and Analysis
Debt Level: IGL is debt free.
Reducing Debt: IGL had no debt 5 years ago.
Debt Coverage: IGL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IGL has no debt, therefore coverage of interest payments is not a concern.