Sumitomo Chemical India Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo Chemical India has a total shareholder equity of ₹27.2B and total debt of ₹4.2M, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are ₹38.4B and ₹11.3B respectively. Sumitomo Chemical India's EBIT is ₹5.5B making its interest coverage ratio -9.9. It has cash and short-term investments of ₹13.2B.
Key information
0.02%
Debt to equity ratio
₹4.18m
Debt
| Interest coverage ratio | -9.9x |
| Cash | ₹13.22b |
| Equity | ₹27.17b |
| Total liabilities | ₹11.26b |
| Total assets | ₹38.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542920's short term assets (₹31.1B) exceed its short term liabilities (₹10.5B).
Long Term Liabilities: 542920's short term assets (₹31.1B) exceed its long term liabilities (₹794.1M).
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 2.4% to 0.02% over the past 5 years.
Debt Coverage: 542920's debt is well covered by operating cash flow (112795.2%).
Interest Coverage: 542920 earns more interest than it pays, so coverage of interest payments is not a concern.