Berger Paints India Balance Sheet Health
Financial Health criteria checks 6/6
Berger Paints India has a total shareholder equity of ₹53.9B and total debt of ₹7.5B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are ₹83.7B and ₹29.8B respectively. Berger Paints India's EBIT is ₹15.0B making its interest coverage ratio 31.4. It has cash and short-term investments of ₹5.6B.
Key information
14.0%
Debt to equity ratio
₹7.53b
Debt
| Interest coverage ratio | 31.4x |
| Cash | ₹5.56b |
| Equity | ₹53.89b |
| Total liabilities | ₹29.79b |
| Total assets | ₹83.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509480's short term assets (₹43.2B) exceed its short term liabilities (₹23.6B).
Long Term Liabilities: 509480's short term assets (₹43.2B) exceed its long term liabilities (₹6.2B).
Debt to Equity History and Analysis
Debt Level: 509480's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: 509480's debt to equity ratio has reduced from 21% to 14% over the past 5 years.
Debt Coverage: 509480's debt is well covered by operating cash flow (211.2%).
Interest Coverage: 509480's interest payments on its debt are well covered by EBIT (31.4x coverage).