Ultramarine & Pigments Balance Sheet Health
Financial Health criteria checks 5/6
Ultramarine & Pigments has a total shareholder equity of ₹8.4B and total debt of ₹812.2M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are ₹10.2B and ₹1.8B respectively. Ultramarine & Pigments's EBIT is ₹699.6M making its interest coverage ratio -26. It has cash and short-term investments of ₹405.6M.
Key information
9.7%
Debt to equity ratio
₹812.20m
Debt
Interest coverage ratio | -26x |
Cash | ₹405.60m |
Equity | ₹8.41b |
Total liabilities | ₹1.80b |
Total assets | ₹10.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506685's short term assets (₹2.6B) exceed its short term liabilities (₹989.4M).
Long Term Liabilities: 506685's short term assets (₹2.6B) exceed its long term liabilities (₹807.0M).
Debt to Equity History and Analysis
Debt Level: 506685's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 506685's debt to equity ratio has increased from 0% to 9.7% over the past 5 years.
Debt Coverage: 506685's debt is well covered by operating cash flow (89.7%).
Interest Coverage: 506685 earns more interest than it pays, so coverage of interest payments is not a concern.