E.I.D.- Parry (India) Balance Sheet Health
Financial Health criteria checks 6/6
E.I.D.- Parry (India) has a total shareholder equity of ₹106.4B and total debt of ₹8.8B, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹189.0B and ₹82.5B respectively. E.I.D.- Parry (India)'s EBIT is ₹23.7B making its interest coverage ratio 22.2. It has cash and short-term investments of ₹36.0B.
Key information
8.3%
Debt to equity ratio
₹8.78b
Debt
Interest coverage ratio | 22.2x |
Cash | ₹35.99b |
Equity | ₹106.44b |
Total liabilities | ₹82.54b |
Total assets | ₹188.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500125's short term assets (₹128.6B) exceed its short term liabilities (₹73.9B).
Long Term Liabilities: 500125's short term assets (₹128.6B) exceed its long term liabilities (₹8.6B).
Debt to Equity History and Analysis
Debt Level: 500125 has more cash than its total debt.
Reducing Debt: 500125's debt to equity ratio has reduced from 111.3% to 8.3% over the past 5 years.
Debt Coverage: 500125's debt is well covered by operating cash flow (471.9%).
Interest Coverage: 500125's interest payments on its debt are well covered by EBIT (22.2x coverage).