Orient Cement Balance Sheet Health
Financial Health criteria checks 6/6
Orient Cement has a total shareholder equity of ₹17.4B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ₹28.6B and ₹11.1B respectively. Orient Cement's EBIT is ₹3.2B making its interest coverage ratio 9.2. It has cash and short-term investments of ₹770.5M.
Key information
7.4%
Debt to equity ratio
₹1.30b
Debt
Interest coverage ratio | 9.2x |
Cash | ₹770.54m |
Equity | ₹17.43b |
Total liabilities | ₹11.12b |
Total assets | ₹28.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 535754's short term assets (₹6.9B) exceed its short term liabilities (₹5.9B).
Long Term Liabilities: 535754's short term assets (₹6.9B) exceed its long term liabilities (₹5.2B).
Debt to Equity History and Analysis
Debt Level: 535754's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 535754's debt to equity ratio has reduced from 122.4% to 7.4% over the past 5 years.
Debt Coverage: 535754's debt is well covered by operating cash flow (328.8%).
Interest Coverage: 535754's interest payments on its debt are well covered by EBIT (9.2x coverage).