3M India Balance Sheet Health
Financial Health criteria checks 6/6
3M India has a total shareholder equity of ₹16.7B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹27.5B and ₹10.9B respectively. 3M India's EBIT is ₹7.4B making its interest coverage ratio -12.6. It has cash and short-term investments of ₹6.3B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -12.6x |
| Cash | ₹6.27b |
| Equity | ₹16.66b |
| Total liabilities | ₹10.87b |
| Total assets | ₹27.52b |
Recent financial health updates
3M India (NSE:3MINDIA) Could Easily Take On More Debt
Aug 23
These 4 Measures Indicate That 3M India (NSE:3MINDIA) Is Using Debt Safely
Sep 063M India (NSE:3MINDIA) Has A Rock Solid Balance Sheet
Mar 06Does 3M India (NSE:3MINDIA) Have A Healthy Balance Sheet?
Aug 143M India (NSE:3MINDIA) Could Easily Take On More Debt
Mar 30Recent updates
3M India (NSE:3MINDIA) Ticks All The Boxes When It Comes To Earnings Growth
Jan 21There May Be Underlying Issues With The Quality Of 3M India's (NSE:3MINDIA) Earnings
Nov 20Here's Why We Think 3M India (NSE:3MINDIA) Might Deserve Your Attention Today
Oct 10Many Would Be Envious Of 3M India's (NSE:3MINDIA) Excellent Returns On Capital
Sep 223M India (NSE:3MINDIA) Could Easily Take On More Debt
Aug 23Why We Think The CEO Of 3M India Limited (NSE:3MINDIA) May Soon See A Pay Rise
Aug 013M India Limited's (NSE:3MINDIA) 25% Price Boost Is Out Of Tune With Earnings
Jun 13Analyst Estimates: Here's What Brokers Think Of 3M India Limited (NSE:3MINDIA) After Its Full-Year Report
May 31With EPS Growth And More, 3M India (NSE:3MINDIA) Makes An Interesting Case
May 013M India Limited's (NSE:3MINDIA) Shareholders Might Be Looking For Exit
Apr 11Investors Should Be Encouraged By 3M India's (NSE:3MINDIA) Returns On Capital
Feb 18With EPS Growth And More, 3M India (NSE:3MINDIA) Makes An Interesting Case
Jan 083M India Limited's (NSE:3MINDIA) Shares May Have Run Too Fast Too Soon
Dec 21Capital Investment Trends At 3M India (NSE:3MINDIA) Look Strong
Nov 05These 4 Measures Indicate That 3M India (NSE:3MINDIA) Is Using Debt Safely
Sep 063M India (NSE:3MINDIA) Might Be Having Difficulty Using Its Capital Effectively
Jul 15We Ran A Stock Scan For Earnings Growth And 3M India (NSE:3MINDIA) Passed With Ease
Jun 27The Returns On Capital At 3M India (NSE:3MINDIA) Don't Inspire Confidence
Apr 08Does 3M India (NSE:3MINDIA) Deserve A Spot On Your Watchlist?
Mar 213M India (NSE:3MINDIA) Has A Rock Solid Balance Sheet
Mar 063M India (NSE:3MINDIA) Is Reinvesting At Lower Rates Of Return
Dec 22Here's Why We Think 3M India (NSE:3MINDIA) Is Well Worth Watching
Dec 01Does 3M India (NSE:3MINDIA) Have A Healthy Balance Sheet?
Aug 14Capital Allocation Trends At 3M India (NSE:3MINDIA) Aren't Ideal
Jul 243M India Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Jun 013M India (NSE:3MINDIA) Could Easily Take On More Debt
Mar 303M India (NSE:3MINDIA) Will Want To Turn Around Its Return Trends
Mar 04Some Investors May Be Worried About 3M India's (NSE:3MINDIA) Returns On Capital
Nov 29Returns On Capital At 3M India (NSE:3MINDIA) Paint A Concerning Picture
Aug 193M India (NSE:3MINDIA) Will Will Want To Turn Around Its Return Trends
May 11Should You Be Impressed By 3M India's (NSE:3MINDIA) Returns on Capital?
Nov 033M India Limited's (NSE:3MINDIA) Stock Is Going Strong: Is the Market Following Fundamentals?
Aug 24
Do Institutions Own 3M India Limited (NSE:3MINDIA) Shares?
Jul 27Many Would Be Jealous Of 3M India's (NSE:3MINDIA) Returns On Capital
Jul 06Financial Position Analysis
Short Term Liabilities: 3MINDIA's short term assets (₹20.9B) exceed its short term liabilities (₹9.6B).
Long Term Liabilities: 3MINDIA's short term assets (₹20.9B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 3MINDIA is debt free.
Reducing Debt: 3MINDIA had no debt 5 years ago.
Debt Coverage: 3MINDIA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3MINDIA has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 11:52 |
| End of Day Share Price | 2025/01/23 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.
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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
3M India Limited is covered by 1 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 |
|---|---|
| Aniruddha Joshi | ICICI Securities Ltd. |