Asian Paints Balance Sheet Health
Financial Health criteria checks 5/6
Asian Paints has a total shareholder equity of ₹186.8B and total debt of ₹11.2B, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ₹294.7B and ₹107.9B respectively. Asian Paints's EBIT is ₹57.8B making its interest coverage ratio 156.9. It has cash and short-term investments of ₹28.3B.
Key information
6.0%
Debt to equity ratio
₹11.23b
Debt
| Interest coverage ratio | 156.9x |
| Cash | ₹28.32b |
| Equity | ₹186.83b |
| Total liabilities | ₹107.91b |
| Total assets | ₹294.74b |
Recent financial health updates
We Think Asian Paints (NSE:ASIANPAINT) Can Stay On Top Of Its Debt
Sep 27
We Think Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt With Ease
Jan 16Recent updates
Many Would Be Envious Of Asian Paints' (NSE:ASIANPAINT) Excellent Returns On Capital
Dec 02Asian Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models
Nov 12What Asian Paints Limited's (NSE:ASIANPAINT) P/E Is Not Telling You
Oct 22We Think Asian Paints (NSE:ASIANPAINT) Can Stay On Top Of Its Debt
Sep 27With EPS Growth And More, Asian Paints (NSE:ASIANPAINT) Makes An Interesting Case
Aug 22Asian Paints (NSE:ASIANPAINT) Might Become A Compounding Machine
Aug 05Asian Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models
Jul 20It's Probably Less Likely That Asian Paints Limited's (NSE:ASIANPAINT) CEO Will See A Huge Pay Rise This Year
Jun 19Asian Paints' (NSE:ASIANPAINT) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 05Asian Paints (NSE:ASIANPAINT) Will Pay A Larger Dividend Than Last Year At ₹28.15
May 22The Asian Paints Limited (NSE:ASIANPAINT) Annual Results Are Out And Analysts Have Published New Forecasts
May 12Do Asian Paints' (NSE:ASIANPAINT) Earnings Warrant Your Attention?
Apr 28Asian Paints Limited's (NSE:ASIANPAINT) Popularity With Investors Is Under Threat From Overpricing
Apr 09Why You Should Care About Asian Paints' (NSE:ASIANPAINT) Strong Returns On Capital
Feb 19Analyst Estimates: Here's What Brokers Think Of Asian Paints Limited (NSE:ASIANPAINT) After Its Third-Quarter Report
Jan 20We Think Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt With Ease
Jan 16There's Reason For Concern Over Asian Paints Limited's (NSE:ASIANPAINT) Price
Jan 01Financial Position Analysis
Short Term Liabilities: ASIANPAINT's short term assets (₹161.3B) exceed its short term liabilities (₹88.2B).
Long Term Liabilities: ASIANPAINT's short term assets (₹161.3B) exceed its long term liabilities (₹19.7B).
Debt to Equity History and Analysis
Debt Level: ASIANPAINT has more cash than its total debt.
Reducing Debt: ASIANPAINT's debt to equity ratio has increased from 3% to 6% over the past 5 years.
Debt Coverage: ASIANPAINT's debt is well covered by operating cash flow (416%).
Interest Coverage: ASIANPAINT's interest payments on its debt are well covered by EBIT (156.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 17:55 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Asian Paints Limited is covered by 71 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Videesha Sheth | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Amarjeet Maurya | Angel Broking Private Limited |