Akzo Nobel India Balance Sheet Health
Financial Health criteria checks 6/6
Akzo Nobel India has a total shareholder equity of ₹14.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹31.7B and ₹17.4B respectively. Akzo Nobel India's EBIT is ₹5.6B making its interest coverage ratio -20. It has cash and short-term investments of ₹6.2B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -20x |
| Cash | ₹6.23b |
| Equity | ₹14.26b |
| Total liabilities | ₹17.40b |
| Total assets | ₹31.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500710's short term assets (₹21.9B) exceed its short term liabilities (₹15.8B).
Long Term Liabilities: 500710's short term assets (₹21.9B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 500710 is debt free.
Reducing Debt: 500710 has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.
Debt Coverage: 500710 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 500710 has no debt, therefore coverage of interest payments is not a concern.