Akzo Nobel India Balance Sheet Health
Financial Health criteria checks 6/6
Akzo Nobel India has a total shareholder equity of ₹13.4B and total debt of ₹628.0M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are ₹28.6B and ₹15.2B respectively. Akzo Nobel India's EBIT is ₹5.4B making its interest coverage ratio -37.1. It has cash and short-term investments of ₹6.1B.
Key information
4.7%
Debt to equity ratio
₹628.00m
Debt
Interest coverage ratio | -37.1x |
Cash | ₹6.13b |
Equity | ₹13.38b |
Total liabilities | ₹15.18b |
Total assets | ₹28.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500710's short term assets (₹19.5B) exceed its short term liabilities (₹13.7B).
Long Term Liabilities: 500710's short term assets (₹19.5B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 500710 has more cash than its total debt.
Reducing Debt: 500710 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 500710's debt is well covered by operating cash flow (997.8%).
Interest Coverage: 500710 earns more interest than it pays, so coverage of interest payments is not a concern.