Linde India Balance Sheet Health
Financial Health criteria checks 6/6
Linde India has a total shareholder equity of ₹32.5B and total debt of ₹216.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹45.0B and ₹12.5B respectively. Linde India's EBIT is ₹4.9B making its interest coverage ratio -8.8. It has cash and short-term investments of ₹10.0B.
Key information
0.7%
Debt to equity ratio
₹215.98m
Debt
Interest coverage ratio | -8.8x |
Cash | ₹9.97b |
Equity | ₹32.46b |
Total liabilities | ₹12.51b |
Total assets | ₹44.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523457's short term assets (₹19.8B) exceed its short term liabilities (₹9.4B).
Long Term Liabilities: 523457's short term assets (₹19.8B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: 523457 has more cash than its total debt.
Reducing Debt: 523457's debt to equity ratio has reduced from 82% to 0.7% over the past 5 years.
Debt Coverage: 523457's debt is well covered by operating cash flow (2330.5%).
Interest Coverage: 523457 earns more interest than it pays, so coverage of interest payments is not a concern.