Atul Balance Sheet Health
Financial Health criteria checks 5/6
Atul has a total shareholder equity of ₹51.6B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are ₹64.8B and ₹13.1B respectively. Atul's EBIT is ₹3.9B making its interest coverage ratio 35.5. It has cash and short-term investments of ₹5.0B.
Key information
4.5%
Debt to equity ratio
₹2.32b
Debt
Interest coverage ratio | 35.5x |
Cash | ₹4.99b |
Equity | ₹51.63b |
Total liabilities | ₹13.13b |
Total assets | ₹64.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500027's short term assets (₹22.8B) exceed its short term liabilities (₹8.9B).
Long Term Liabilities: 500027's short term assets (₹22.8B) exceed its long term liabilities (₹4.2B).
Debt to Equity History and Analysis
Debt Level: 500027 has more cash than its total debt.
Reducing Debt: 500027's debt to equity ratio has increased from 2% to 4.5% over the past 5 years.
Debt Coverage: 500027's debt is well covered by operating cash flow (287.9%).
Interest Coverage: 500027's interest payments on its debt are well covered by EBIT (35.5x coverage).