Pidilite Industries Balance Sheet Health
Financial Health criteria checks 5/6
Pidilite Industries has a total shareholder equity of ₹77.5B and total debt of ₹4.2B, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₹112.2B and ₹34.7B respectively. Pidilite Industries's EBIT is ₹23.2B making its interest coverage ratio 56.9. It has cash and short-term investments of ₹13.4B.
Key information
5.4%
Debt to equity ratio
₹4.16b
Debt
Interest coverage ratio | 56.9x |
Cash | ₹13.39b |
Equity | ₹77.47b |
Total liabilities | ₹34.72b |
Total assets | ₹112.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500331's short term assets (₹50.6B) exceed its short term liabilities (₹27.9B).
Long Term Liabilities: 500331's short term assets (₹50.6B) exceed its long term liabilities (₹6.8B).
Debt to Equity History and Analysis
Debt Level: 500331 has more cash than its total debt.
Reducing Debt: 500331's debt to equity ratio has increased from 2.7% to 5.4% over the past 5 years.
Debt Coverage: 500331's debt is well covered by operating cash flow (633.8%).
Interest Coverage: 500331's interest payments on its debt are well covered by EBIT (56.9x coverage).