BASF India Balance Sheet Health
Financial Health criteria checks 6/6
BASF India has a total shareholder equity of ₹29.3B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ₹62.9B and ₹33.7B respectively. BASF India's EBIT is ₹6.6B making its interest coverage ratio -9472.4. It has cash and short-term investments of ₹5.3B.
Key information
4.2%
Debt to equity ratio
₹1.23b
Debt
Interest coverage ratio | -9472.4x |
Cash | ₹5.35b |
Equity | ₹29.28b |
Total liabilities | ₹33.65b |
Total assets | ₹62.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500042's short term assets (₹52.0B) exceed its short term liabilities (₹32.1B).
Long Term Liabilities: 500042's short term assets (₹52.0B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 500042 has more cash than its total debt.
Reducing Debt: 500042's debt to equity ratio has reduced from 62.6% to 4.2% over the past 5 years.
Debt Coverage: 500042's debt is well covered by operating cash flow (676.3%).
Interest Coverage: 500042 earns more interest than it pays, so coverage of interest payments is not a concern.