Colgate-Palmolive (India) Balance Sheet Health
Financial Health criteria checks 5/6
Colgate-Palmolive (India) has a total shareholder equity of ₹17.6B and total debt of ₹686.7M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are ₹31.1B and ₹13.4B respectively. Colgate-Palmolive (India)'s EBIT is ₹16.5B making its interest coverage ratio -45.5. It has cash and short-term investments of ₹12.8B.
Key information
3.9%
Debt to equity ratio
₹686.70m
Debt
Interest coverage ratio | -45.5x |
Cash | ₹12.84b |
Equity | ₹17.63b |
Total liabilities | ₹13.45b |
Total assets | ₹31.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500830's short term assets (₹18.0B) exceed its short term liabilities (₹12.7B).
Long Term Liabilities: 500830's short term assets (₹18.0B) exceed its long term liabilities (₹778.6M).
Debt to Equity History and Analysis
Debt Level: 500830 has more cash than its total debt.
Reducing Debt: 500830's debt to equity ratio has increased from 0% to 3.9% over the past 5 years.
Debt Coverage: 500830's debt is well covered by operating cash flow (1944.8%).
Interest Coverage: 500830 earns more interest than it pays, so coverage of interest payments is not a concern.