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
These 4 Measures Indicate That SKF India (NSE:SKFINDIA) Is Using Debt Reasonably Well
Feb 13
These 4 Measures Indicate That SKF India (NSE:SKFINDIA) Is Using Debt Safely
Feb 21Here's Why SKF India (NSE:SKFINDIA) Can Manage Its Debt Responsibly
Aug 08We Think SKF India (NSE:SKFINDIA) Can Manage Its Debt With Ease
Feb 28These 4 Measures Indicate That SKF India (NSE:SKFINDIA) Is Using Debt Safely
Sep 03Here's Why SKF India (NSE:SKFINDIA) Can Manage Its Debt Responsibly
Feb 17Recent updates
Why You Should Care About SKF India's (NSE:SKFINDIA) Strong Returns On Capital
Apr 11These 4 Measures Indicate That SKF India (NSE:SKFINDIA) Is Using Debt Reasonably Well
Feb 13Why Investors Shouldn't Be Surprised By SKF India Limited's (NSE:SKFINDIA) P/E
Dec 30Under The Bonnet, SKF India's (NSE:SKFINDIA) Returns Look Impressive
Sep 11Here's Why SKF India (NSE:SKFINDIA) Has Caught The Eye Of Investors
Aug 04The Trend Of High Returns At SKF India (NSE:SKFINDIA) Has Us Very Interested
Jun 10SKF India's (NSE:SKFINDIA) Upcoming Dividend Will Be Larger Than Last Year's
May 20These 4 Measures Indicate That SKF India (NSE:SKFINDIA) Is Using Debt Safely
Feb 21Returns On Capital Are A Standout For SKF India (NSE:SKFINDIA)
Feb 03We Like SKF India's (NSE:SKFINDIA) Returns And Here's How They're Trending
Oct 29Here's Why SKF India (NSE:SKFINDIA) Can Manage Its Debt Responsibly
Aug 08SKF India (NSE:SKFINDIA) Is Investing Its Capital With Increasing Efficiency
Jul 21SKF India (NSE:SKFINDIA) Is Due To Pay A Dividend Of ₹14.50
Jun 24SKF India (NSE:SKFINDIA) Has Re-Affirmed Its Dividend Of ₹14.50
May 14Investors Shouldn't Overlook SKF India's (NSE:SKFINDIA) Impressive Returns On Capital
Apr 12Is Now The Time To Put SKF India (NSE:SKFINDIA) On Your Watchlist?
Mar 21We Think SKF India (NSE:SKFINDIA) Can Manage Its Debt With Ease
Feb 28The Trend Of High Returns At SKF India (NSE:SKFINDIA) Has Us Very Interested
Dec 21Here's Why We Think SKF India (NSE:SKFINDIA) Is Well Worth Watching
Nov 26Investors Should Be Encouraged By SKF India's (NSE:SKFINDIA) Returns On Capital
Sep 21These 4 Measures Indicate That SKF India (NSE:SKFINDIA) Is Using Debt Safely
Sep 03SKF India's (NSE:SKFINDIA) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 30Why The 22% Return On Capital At SKF India (NSE:SKFINDIA) Should Have Your Attention
Mar 25Has SKF India Limited's (NSE:SKFINDIA) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Mar 08Here's Why SKF India (NSE:SKFINDIA) Can Manage Its Debt Responsibly
Feb 17Is SKF India Limited (NSE:SKFINDIA) Popular Amongst Institutions?
Jan 25
If You Had Bought SKF India (NSE:SKFINDIA) Shares Five Years Ago You'd Have Earned 49% Returns
Jan 06Has SKF India (NSE:SKFINDIA) Got What It Takes To Become A Multi-Bagger?
Dec 22Has SKF India Limited's (NSE:SKFINDIA) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 07Is SKF India (NSE:SKFINDIA) A Risky Investment?
Nov 19Are SKF India's (NSE:SKFINDIA) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 04What Kind Of Shareholders Own SKF India Limited (NSE:SKFINDIA)?
Oct 20SKF India's (NSE:SKFINDIA) Shareholders Are Down 33% On Their Shares
Sep 28SKF India Limited's (NSE:SKFINDIA) Shareholders Might Be Looking For Exit
Sep 08Is SKF India Limited (NSE:SKFINDIA) The Right Choice For A Smart Dividend Investor?
Aug 20Here's What To Make Of SKF India's (NSE:SKFINDIA) Returns On Capital
Jul 29Financial Position Analysis
Short Term Liabilities: SKFINDIA's short term assets (₹24.2B) exceed its short term liabilities (₹8.0B).
Long Term Liabilities: SKFINDIA's short term assets (₹24.2B) exceed its long term liabilities (₹403.3M).
Debt to Equity History and Analysis
Debt Level: SKFINDIA has more cash than its total debt.
Reducing Debt: SKFINDIA's debt to equity ratio has reduced from 5.2% to 0.6% over the past 5 years.
Debt Coverage: SKFINDIA's debt is well covered by operating cash flow (3774.6%).
Interest Coverage: SKFINDIA earns more interest than it pays, so coverage of interest payments is not a concern.