Ultramarine & Pigments Balance Sheet Health
Financial Health criteria checks 5/6
Ultramarine & Pigments has a total shareholder equity of ₹10.8B and total debt of ₹833.0M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ₹12.8B and ₹2.0B respectively. Ultramarine & Pigments's EBIT is ₹740.0M making its interest coverage ratio -55.2. It has cash and short-term investments of ₹595.0M.
Key information
7.7%
Debt to equity ratio
₹833.00m
Debt
| Interest coverage ratio | -55.2x |
| Cash | ₹595.00m |
| Equity | ₹10.83b |
| Total liabilities | ₹1.99b |
| Total assets | ₹12.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506685's short term assets (₹2.8B) exceed its short term liabilities (₹820.1M).
Long Term Liabilities: 506685's short term assets (₹2.8B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 506685's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 506685's debt to equity ratio has increased from 0% to 7.7% over the past 5 years.
Debt Coverage: 506685's debt is well covered by operating cash flow (80.5%).
Interest Coverage: 506685 earns more interest than it pays, so coverage of interest payments is not a concern.