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
Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?
Feb 06
These 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
Earnings 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 23Do Indraprastha Gas's (NSE:IGL) Earnings Warrant Your Attention?
Jan 18Calculating The Intrinsic Value Of Indraprastha Gas Limited (NSE:IGL)
Dec 07Indraprastha Gas (NSE:IGL) Is Aiming To Keep Up Its Impressive Returns
Oct 14Indraprastha Gas' (NSE:IGL) Dividend Will Be Increased To ₹3.60
Sep 03Do Indraprastha Gas's (NSE:IGL) Earnings Warrant Your Attention?
Aug 16Estimating The Fair Value Of Indraprastha Gas Limited (NSE:IGL)
Jul 10Investors Could Be Concerned With Indraprastha Gas' (NSE:IGL) Returns On Capital
May 06Are You An Income Investor? Don't Miss Out On Indraprastha Gas Limited (NSE:IGL)
Mar 29Indraprastha Gas Limited's (NSE:IGL) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Mar 12How Much Of Indraprastha Gas Limited (NSE:IGL) Do Institutions Own?
Feb 22What Do The Returns On Capital At Indraprastha Gas (NSE:IGL) Tell Us?
Feb 05Indraprastha Gas' (NSE:IGL) Wonderful 359% Share Price Increase Shows How Capitalism Can Build Wealth
Jan 18We're Not Counting On Indraprastha Gas (NSE:IGL) To Sustain Its Statutory Profitability
Dec 31Are Robust Financials Driving The Recent Rally In Indraprastha Gas Limited's (NSE:IGL) Stock?
Nov 26Do Institutions Own Indraprastha Gas Limited (NSE:IGL) Shares?
Nov 08
The Trends At Indraprastha Gas (NSE:IGL) That You Should Know About
Oct 21Indraprastha Gas (NSE:IGL) Shareholders Have Enjoyed A Whopping 329% Share Price Gain
Oct 03Financial Position Analysis
Short Term Liabilities: IGL's short term assets (₹40.8B) exceed its short term liabilities (₹39.4B).
Long Term Liabilities: IGL's short term assets (₹40.8B) exceed its long term liabilities (₹4.5B).
Debt to Equity History and Analysis
Debt Level: IGL has more cash than its total debt.
Reducing Debt: IGL's debt to equity ratio has increased from 0% to 0.9% over the past 5 years.
Debt Coverage: IGL's debt is well covered by operating cash flow (2408.4%).
Interest Coverage: IGL earns more interest than it pays, so coverage of interest payments is not a concern.