Sumitomo Chemical India Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo Chemical India has a total shareholder equity of ₹25.3B and total debt of ₹290.7M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹35.3B and ₹10.0B respectively. Sumitomo Chemical India's EBIT is ₹3.6B making its interest coverage ratio -16.7. It has cash and short-term investments of ₹14.1B.
Key information
1.2%
Debt to equity ratio
₹290.65m
Debt
Interest coverage ratio | -16.7x |
Cash | ₹14.07b |
Equity | ₹25.26b |
Total liabilities | ₹10.02b |
Total assets | ₹35.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542920's short term assets (₹29.4B) exceed its short term liabilities (₹9.5B).
Long Term Liabilities: 542920's short term assets (₹29.4B) exceed its long term liabilities (₹567.2M).
Debt to Equity History and Analysis
Debt Level: 542920 has more cash than its total debt.
Reducing Debt: 542920's debt to equity ratio has reduced from 1.7% to 1.2% over the past 5 years.
Debt Coverage: 542920's debt is well covered by operating cash flow (2495.9%).
Interest Coverage: 542920 earns more interest than it pays, so coverage of interest payments is not a concern.