Johnson Controls-Hitachi Air Conditioning India Balance Sheet Health
Financial Health criteria checks 6/6
Johnson Controls-Hitachi Air Conditioning India has a total shareholder equity of ₹5.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹12.9B and ₹7.0B respectively. Johnson Controls-Hitachi Air Conditioning India's EBIT is ₹470.7M making its interest coverage ratio 5.2. It has cash and short-term investments of ₹2.3B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₹2.33b |
| Equity | ₹5.89b |
| Total liabilities | ₹6.96b |
| Total assets | ₹12.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523398's short term assets (₹8.1B) exceed its short term liabilities (₹5.9B).
Long Term Liabilities: 523398's short term assets (₹8.1B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 523398 is debt free.
Reducing Debt: 523398 had no debt 5 years ago.
Debt Coverage: 523398 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 523398 has no debt, therefore coverage of interest payments is not a concern.