Skip to content
To the full analysis

ICICI Lombard General Insurance stock: balance sheet and debt

ICICIGI.NS
$18.08Closing price of 12 Nov 2026MEQIRI Score 66 out of 100

ICICI Lombard General Insurance has total assets of $8.09B and an equity ratio of 21.9%.

Daily figure as of 13 Nov 2026

Debt / Equity
0
Interest coverage
no data
Current ratio
2.14
Cash & equivalents
$496.67M
Total assets
$8.09B
Equity ratio
21.9%
Goodwill and intangible assets
$32.92M
not split out

For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.

Total assets and equity ratio

How large the balance sheet of ICICI Lombard General Insurance Company Limited is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratio
2013$1.35B$8.99Mnot split out15.5%
2014$1.57B$8.56Mnot split out16.4%
2015$1.56B$9.34Mnot split out20.2%
2016$1.82B$8.52Mnot split out19.3%
2017$2.48B$8.53Mnot split out16.7%
2018$3.16B$8.03Mnot split out15.9%
2019$3.55B$8.49Mnot split out16.2%
2020$3.94B$29.52Mnot split out16.3%
2021$4.18B$25.08Mnot split out19.3%
2022$5.4B$22.07Mnot split out18.1%
2023$5.86B$18.91Mnot split out19.0%
2024$6.73B$14.72Mnot split out19.3%
2025$7.34B$27.79Mnot split out21.6%
2026$8.09B$32.92Mnot split out21.9%

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is not shown for banks, insurers and other financial companies: for them, cash and bonds are part of the business and are not available to pay down debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Bonds and loans (excluding deposits)
Figures as a table
YearCash & equivalentsEquityBonds and loans (excluding deposits)Debt / Equity
2013no data$209.51M$12.48M0.06
2014no data$256.36M$15.71M0.06
2015no data$314M$20.39M0.06
2016no data$350.33M$26.68M0.08
2017no data$414.62M$51.55M0.12
2018no data$502.42M$51.55M0.1
2019no data$574M$51.55M0.09
2020no data$641.92M$51.55M0.08
2021no data$807.64M$59.54M0.07
2022no data$977.08M$36.35M0.04
2023no data$1.11B$12.76M0.01
2024no data$1.3B$17.7M0.01
2025no data$1.59B$8.67M0.01
2026$496.67M$1.77B$973.6K0

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 2 Oct 2026)
  • Valuation signal Overvalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

MEQIRI counts visits without cookies. With your consent we remember for 90 days where you came from, also in your account, count page changes and time on page, recognise your next visit and load the Meta Pixel, which measures our advertising. You can withdraw your consent at any time under Cookie settings. Privacy