BASF India Balance Sheet Health
Financial Health criteria checks 6/6
BASF India has a total shareholder equity of ₹32.2B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are ₹72.3B and ₹40.1B respectively. BASF India's EBIT is ₹8.6B making its interest coverage ratio -24.3. It has cash and short-term investments of ₹6.2B.
Key information
4.8%
Debt to equity ratio
₹1.56b
Debt
| Interest coverage ratio | -24.3x |
| Cash | ₹6.23b |
| Equity | ₹32.24b |
| Total liabilities | ₹40.09b |
| Total assets | ₹72.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500042's short term assets (₹61.0B) exceed its short term liabilities (₹38.3B).
Long Term Liabilities: 500042's short term assets (₹61.0B) exceed its long term liabilities (₹1.8B).
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 64.6% to 4.8% over the past 5 years.
Debt Coverage: 500042's debt is well covered by operating cash flow (517.2%).
Interest Coverage: 500042 earns more interest than it pays, so coverage of interest payments is not a concern.