IRM Energy Balance Sheet Health
Financial Health criteria checks 6/6
IRM Energy has a total shareholder equity of ₹9.5B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are ₹13.0B and ₹3.5B respectively. IRM Energy's EBIT is ₹909.2M making its interest coverage ratio 42.9. It has cash and short-term investments of ₹4.2B.
Key information
18.8%
Debt to equity ratio
₹1.78b
Debt
| Interest coverage ratio | 42.9x |
| Cash | ₹4.21b |
| Equity | ₹9.47b |
| Total liabilities | ₹3.50b |
| Total assets | ₹12.97b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IRMENERGY's short term assets (₹4.9B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: IRMENERGY's short term assets (₹4.9B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: IRMENERGY has more cash than its total debt.
Reducing Debt: IRMENERGY's debt to equity ratio has reduced from 248.9% to 18.8% over the past 5 years.
Debt Coverage: IRMENERGY's debt is well covered by operating cash flow (65%).
Interest Coverage: IRMENERGY's interest payments on its debt are well covered by EBIT (42.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 13:01 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
IRM Energy Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harshad Katkar | HDFC Securities Limited |
| Parikshit Kandpal | HDFC Securities Limited |
| Maitreyee Vaishampayan | HDFC Securities Limited |