SKF India Balance Sheet Health
Financial Health criteria checks 6/6
SKF India has a total shareholder equity of ₹23.9B and total debt of ₹145.9M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹32.3B and ₹8.4B respectively. SKF India's EBIT is ₹6.4B making its interest coverage ratio -18.4. It has cash and short-term investments of ₹9.2B.
Key information
0.6%
Debt to equity ratio
₹145.90m
Debt
Interest coverage ratio | -18.4x |
Cash | ₹9.16b |
Equity | ₹23.88b |
Total liabilities | ₹8.44b |
Total assets | ₹32.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500472's short term assets (₹24.2B) exceed its short term liabilities (₹8.0B).
Long Term Liabilities: 500472's short term assets (₹24.2B) exceed its long term liabilities (₹403.3M).
Debt to Equity History and Analysis
Debt Level: 500472 has more cash than its total debt.
Reducing Debt: 500472's debt to equity ratio has reduced from 5.2% to 0.6% over the past 5 years.
Debt Coverage: 500472's debt is well covered by operating cash flow (3774.6%).
Interest Coverage: 500472 earns more interest than it pays, so coverage of interest payments is not a concern.