Berger Paints India Balance Sheet Health
Financial Health criteria checks 6/6
Berger Paints India has a total shareholder equity of ₹48.5B and total debt of ₹11.5B, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are ₹84.0B and ₹35.5B respectively. Berger Paints India's EBIT is ₹16.0B making its interest coverage ratio 21.7. It has cash and short-term investments of ₹3.9B.
Key information
23.8%
Debt to equity ratio
₹11.54b
Debt
Interest coverage ratio | 21.7x |
Cash | ₹3.92b |
Equity | ₹48.51b |
Total liabilities | ₹35.52b |
Total assets | ₹84.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509480's short term assets (₹46.0B) exceed its short term liabilities (₹30.1B).
Long Term Liabilities: 509480's short term assets (₹46.0B) exceed its long term liabilities (₹5.4B).
Debt to Equity History and Analysis
Debt Level: 509480's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 509480's debt to equity ratio has reduced from 32.8% to 23.8% over the past 5 years.
Debt Coverage: 509480's debt is well covered by operating cash flow (136.4%).
Interest Coverage: 509480's interest payments on its debt are well covered by EBIT (21.7x coverage).