CCL Products (India) Balance Sheet Health
Financial Health criteria checks 4/6
CCL Products (India) has a total shareholder equity of ₹15.9B and total debt of ₹11.4B, which brings its debt-to-equity ratio to 72%. Its total assets and total liabilities are ₹29.0B and ₹13.2B respectively. CCL Products (India)'s EBIT is ₹3.5B making its interest coverage ratio 5.6. It has cash and short-term investments of ₹1.4B.
Key information
72.0%
Debt to equity ratio
₹11.42b
Debt
Interest coverage ratio | 5.6x |
Cash | ₹1.42b |
Equity | ₹15.85b |
Total liabilities | ₹13.17b |
Total assets | ₹29.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519600's short term assets (₹14.9B) exceed its short term liabilities (₹10.0B).
Long Term Liabilities: 519600's short term assets (₹14.9B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: 519600's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: 519600's debt to equity ratio has increased from 48% to 72% over the past 5 years.
Debt Coverage: 519600's debt is well covered by operating cash flow (29.8%).
Interest Coverage: 519600's interest payments on its debt are well covered by EBIT (5.6x coverage).