Atul Balance Sheet Health
Financial Health criteria checks 5/6
Atul has a total shareholder equity of ₹56.6B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ₹71.6B and ₹15.0B respectively. Atul's EBIT is ₹4.7B making its interest coverage ratio 365. It has cash and short-term investments of ₹5.7B.
Key information
3.8%
Debt to equity ratio
₹2.13b
Debt
| Interest coverage ratio | 365x |
| Cash | ₹5.75b |
| Equity | ₹56.61b |
| Total liabilities | ₹14.97b |
| Total assets | ₹71.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500027's short term assets (₹27.1B) exceed its short term liabilities (₹10.1B).
Long Term Liabilities: 500027's short term assets (₹27.1B) exceed its long term liabilities (₹4.8B).
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 3% to 3.8% over the past 5 years.
Debt Coverage: 500027's debt is well covered by operating cash flow (250.3%).
Interest Coverage: 500027's interest payments on its debt are well covered by EBIT (365x coverage).