United Spirits Balance Sheet Health
Financial Health criteria checks 6/6
United Spirits has a total shareholder equity of ₹68.1B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ₹110.2B and ₹42.1B respectively. United Spirits's EBIT is ₹16.3B making its interest coverage ratio 32.1. It has cash and short-term investments of ₹19.2B.
Key information
3.0%
Debt to equity ratio
₹2.03b
Debt
Interest coverage ratio | 32.1x |
Cash | ₹19.15b |
Equity | ₹68.11b |
Total liabilities | ₹42.14b |
Total assets | ₹110.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532432's short term assets (₹75.0B) exceed its short term liabilities (₹40.1B).
Long Term Liabilities: 532432's short term assets (₹75.0B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 532432 has more cash than its total debt.
Reducing Debt: 532432's debt to equity ratio has reduced from 102.4% to 3% over the past 5 years.
Debt Coverage: 532432's debt is well covered by operating cash flow (537.5%).
Interest Coverage: 532432's interest payments on its debt are well covered by EBIT (32.1x coverage).