Equinox India Developments Balance Sheet Health
Financial Health criteria checks 4/6
Equinox India Developments has a total shareholder equity of ₹27.7B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are ₹58.5B and ₹30.8B respectively.
Key information
11.1%
Debt to equity ratio
₹3.07b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.41b |
| Equity | ₹27.65b |
| Total liabilities | ₹30.82b |
| Total assets | ₹58.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INBR1's short term assets (₹54.4B) exceed its short term liabilities (₹26.4B).
Long Term Liabilities: INBR1's short term assets (₹54.4B) exceed its long term liabilities (₹4.5B).
Debt to Equity History and Analysis
Debt Level: INBR1's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: INBR1's debt to equity ratio has reduced from 136.3% to 11.1% over the past 5 years.
Debt Coverage: INBR1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if INBR1's interest payments on its debt are well covered by EBIT.