INDUS Holding Balance Sheet Health
Financial Health criteria checks 4/6
INDUS Holding has a total shareholder equity of €706.5M and total debt of €648.8M, which brings its debt-to-equity ratio to 91.8%. Its total assets and total liabilities are €1.9B and €1.2B respectively. INDUS Holding's EBIT is €155.3M making its interest coverage ratio 10.2. It has cash and short-term investments of €150.7M.
Key information
91.8%
Debt to equity ratio
€648.84m
Debt
Interest coverage ratio | 10.2x |
Cash | €150.68m |
Equity | €706.47m |
Total liabilities | €1.18b |
Total assets | €1.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INDH.F's short term assets (€867.0M) exceed its short term liabilities (€479.0M).
Long Term Liabilities: INDH.F's short term assets (€867.0M) exceed its long term liabilities (€702.1M).
Debt to Equity History and Analysis
Debt Level: INDH.F's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: INDH.F's debt to equity ratio has increased from 89.1% to 91.8% over the past 5 years.
Debt Coverage: INDH.F's debt is well covered by operating cash flow (25.2%).
Interest Coverage: INDH.F's interest payments on its debt are well covered by EBIT (10.2x coverage).