UltraTech Cement Balance Sheet Health
Financial Health criteria checks 5/6
UltraTech Cement has a total shareholder equity of ₹562.0B and total debt of ₹114.6B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ₹939.9B and ₹377.9B respectively. UltraTech Cement's EBIT is ₹91.1B making its interest coverage ratio 16.1. It has cash and short-term investments of ₹42.0B.
Key information
20.4%
Debt to equity ratio
₹114.59b
Debt
Interest coverage ratio | 16.1x |
Cash | ₹41.96b |
Equity | ₹562.04b |
Total liabilities | ₹377.88b |
Total assets | ₹939.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532538's short term assets (₹202.5B) do not cover its short term liabilities (₹243.8B).
Long Term Liabilities: 532538's short term assets (₹202.5B) exceed its long term liabilities (₹134.0B).
Debt to Equity History and Analysis
Debt Level: 532538's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: 532538's debt to equity ratio has reduced from 72.8% to 20.4% over the past 5 years.
Debt Coverage: 532538's debt is well covered by operating cash flow (101.2%).
Interest Coverage: 532538's interest payments on its debt are well covered by EBIT (16.1x coverage).