Akzo Nobel India Balance Sheet Health
Financial Health criteria checks 5/6
Akzo Nobel India has a total shareholder equity of ₹13.3B and total debt of ₹604.0M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are ₹29.0B and ₹15.7B respectively. Akzo Nobel India's EBIT is ₹5.6B making its interest coverage ratio -20.7. It has cash and short-term investments of ₹5.2B.
Key information
4.5%
Debt to equity ratio
₹604.00m
Debt
| Interest coverage ratio | -20.7x |
| Cash | ₹5.16b |
| Equity | ₹13.30b |
| Total liabilities | ₹15.74b |
| Total assets | ₹29.04b |
Recent financial health updates
Recent updates
Akzo Nobel India's (NSE:AKZOINDIA) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 22
There's Reason For Concern Over Akzo Nobel India Limited's (NSE:AKZOINDIA) Price
Jul 17Akzo Nobel India's (NSE:AKZOINDIA) Dividend Is Being Reduced To ₹25.00
Jun 16Akzo Nobel India (NSE:AKZOINDIA) Could Become A Multi-Bagger
Jun 07We Like Akzo Nobel India's (NSE:AKZOINDIA) Returns And Here's How They're Trending
Feb 24Some Confidence Is Lacking In Akzo Nobel India Limited's (NSE:AKZOINDIA) P/E
Feb 06We Ran A Stock Scan For Earnings Growth And Akzo Nobel India (NSE:AKZOINDIA) Passed With Ease
Dec 08Akzo Nobel India (NSE:AKZOINDIA) Knows How To Allocate Capital Effectively
Aug 07Akzo Nobel India's (NSE:AKZOINDIA) Dividend Will Be Increased To ₹40.00
Jul 17Akzo Nobel India's (NSE:AKZOINDIA) Dividend Will Be Increased To ₹40.00
Jul 03Here's Why We Think Akzo Nobel India (NSE:AKZOINDIA) Might Deserve Your Attention Today
Jun 17Akzo Nobel India (NSE:AKZOINDIA) Is Increasing Its Dividend To ₹40.00
May 26With EPS Growth And More, Akzo Nobel India (NSE:AKZOINDIA) Makes An Interesting Case
Mar 07Akzo Nobel India (NSE:AKZOINDIA) Could Become A Multi-Bagger
Dec 22Is Akzo Nobel India (NSE:AKZOINDIA) Using Too Much Debt?
Sep 14Akzo Nobel India's (NSE:AKZOINDIA) Dividend Will Be Increased To ₹35.00
Jul 10Akzo Nobel India (NSE:AKZOINDIA) Has Announced That It Will Be Increasing Its Dividend To ₹35.00
May 31Some Investors May Be Worried About Akzo Nobel India's (NSE:AKZOINDIA) Returns On Capital
May 13Akzo Nobel India's (NSE:AKZOINDIA) Dividend Will Be Increased To ₹40.00
Feb 13Should You Buy Akzo Nobel India Limited (NSE:AKZOINDIA) For Its Dividend?
May 07Here's What To Make Of Akzo Nobel India's (NSE:AKZOINDIA) Decelerating Rates Of Return
Mar 26Akzo Nobel India Limited (NSE:AKZOINDIA) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Mar 05Is It Worth Considering Akzo Nobel India Limited (NSE:AKZOINDIA) For Its Upcoming Dividend?
Feb 12Something To Consider Before Buying Akzo Nobel India Limited (NSE:AKZOINDIA) For The 0.6% Dividend
Jan 23
Investors Who Bought Akzo Nobel India (NSE:AKZOINDIA) Shares Five Years Ago Are Now Up 60%
Dec 27Will Akzo Nobel India (NSE:AKZOINDIA) Multiply In Value Going Forward?
Dec 01Is Akzo Nobel India Limited's (NSE:AKZOINDIA) Recent Performancer Underpinned By Weak Financials?
Nov 05Is Akzo Nobel India Limited's (NSE:AKZOINDIA) 0.7% Dividend Worth Your Time?
Oct 10Did Akzo Nobel India's (NSE:AKZOINDIA) Share Price Deserve to Gain 53%?
Sep 13Interested In Akzo Nobel India's (NSE:AKZOINDIA) Upcoming ₹14.00 Dividend? You Have Two Days Left
Aug 16Financial Position Analysis
Short Term Liabilities: AKZOINDIA's short term assets (₹19.2B) exceed its short term liabilities (₹14.2B).
Long Term Liabilities: AKZOINDIA's short term assets (₹19.2B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: AKZOINDIA has more cash than its total debt.
Reducing Debt: AKZOINDIA's debt to equity ratio has increased from 0.3% to 4.5% over the past 5 years.
Debt Coverage: AKZOINDIA's debt is well covered by operating cash flow (803.8%).
Interest Coverage: AKZOINDIA earns more interest than it pays, so coverage of interest payments is not a concern.