Akzo Nobel India Balance Sheet Health
Financial Health criteria checks 5/6
Akzo Nobel India has a total shareholder equity of ₹13.3B and total debt of ₹604.0M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are ₹29.0B and ₹15.7B respectively. Akzo Nobel India's EBIT is ₹5.6B making its interest coverage ratio -20.7. It has cash and short-term investments of ₹5.2B.
Key information
4.5%
Debt to equity ratio
₹604.00m
Debt
| Interest coverage ratio | -20.7x |
| Cash | ₹5.16b |
| Equity | ₹13.30b |
| Total liabilities | ₹15.74b |
| Total assets | ₹29.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500710's short term assets (₹19.2B) exceed its short term liabilities (₹14.2B).
Long Term Liabilities: 500710's short term assets (₹19.2B) 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's debt to equity ratio has increased from 0.3% to 4.5% over the past 5 years.
Debt Coverage: 500710's debt is well covered by operating cash flow (803.8%).
Interest Coverage: 500710 earns more interest than it pays, so coverage of interest payments is not a concern.