Asian Paints Balance Sheet Health
Financial Health criteria checks 6/6
Asian Paints has a total shareholder equity of ₹194.2B and total debt of ₹11.1B, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are ₹299.2B and ₹105.0B respectively. Asian Paints's EBIT is ₹67.3B making its interest coverage ratio 32.8. It has cash and short-term investments of ₹42.9B.
Key information
5.7%
Debt to equity ratio
₹11.07b
Debt
| Interest coverage ratio | 32.8x |
| Cash | ₹42.87b |
| Equity | ₹194.24b |
| Total liabilities | ₹105.00b |
| Total assets | ₹299.24b |
Recent financial health updates
We Think Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt With Ease
Jan 16
Is Asian Paints (NSE:ASIANPAINT) A Risky Investment?
Sep 08Is Asian Paints (NSE:ASIANPAINT) A Risky Investment?
May 29We Think Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt With Ease
Feb 17These 4 Measures Indicate That Asian Paints (NSE:ASIANPAINT) Is Using Debt Reasonably Well
Nov 11Here's Why Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt Responsibly
Jul 29Recent updates
The 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 01Here's Why We Think Asian Paints (NSE:ASIANPAINT) Might Deserve Your Attention Today
Dec 17Asian Paints (NSE:ASIANPAINT) Is Increasing Its Dividend To ₹5.15
Oct 29A Look Into Asian Paints' (NSE:ASIANPAINT) Impressive Returns On Capital
Sep 26Is Asian Paints (NSE:ASIANPAINT) A Risky Investment?
Sep 08We Ran A Stock Scan For Earnings Growth And Asian Paints (NSE:ASIANPAINT) Passed With Ease
Jul 21Asian Paints (NSE:ASIANPAINT) Is Reinvesting To Multiply In Value
Jun 20Asian Paints' (NSE:ASIANPAINT) Dividend Will Be Increased To ₹21.25
Jun 04Is Asian Paints (NSE:ASIANPAINT) A Risky Investment?
May 29Asian Paints' (NSE:ASIANPAINT) Upcoming Dividend Will Be Larger Than Last Year's
May 14Asian Paints (NSE:ASIANPAINT) Might Become A Compounding Machine
Mar 20Here's Why We Think Asian Paints (NSE:ASIANPAINT) Is Well Worth Watching
Mar 04We Think Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt With Ease
Feb 17Asian Paints (NSE:ASIANPAINT) Knows How To Allocate Capital
Dec 17Here's Why We Think Asian Paints (NSE:ASIANPAINT) Is Well Worth Watching
Dec 01These 4 Measures Indicate That Asian Paints (NSE:ASIANPAINT) Is Using Debt Reasonably Well
Nov 11Why You Should Care About Asian Paints' (NSE:ASIANPAINT) Strong Returns On Capital
Sep 10Here's Why Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt Responsibly
Jul 29Asian Paints (NSE:ASIANPAINT) Is Paying Out A Larger Dividend Than Last Year
Jun 05Asian Paints (NSE:ASIANPAINT) Is Reinvesting To Multiply In Value
May 31Asian Paints (NSE:ASIANPAINT) Is Paying Out A Larger Dividend Than Last Year
May 13Is Now The Time To Put Asian Paints (NSE:ASIANPAINT) On Your Watchlist?
Apr 29Does Asian Paints (NSE:ASIANPAINT) Have A Healthy Balance Sheet?
Mar 24Here's Why We Think Asian Paints (NSE:ASIANPAINT) Is Well Worth Watching
Jan 22Is Asian Paints (NSE:ASIANPAINT) Using Too Much Debt?
Dec 22Many Would Be Envious Of Asian Paints' (NSE:ASIANPAINT) Excellent Returns On Capital
Dec 07Does Asian Paints (NSE:ASIANPAINT) Have A Healthy Balance Sheet?
Sep 20Is Now The Time To Put Asian Paints (NSE:ASIANPAINT) On Your Watchlist?
Sep 05A Look Into Asian Paints' (NSE:ASIANPAINT) Impressive Returns On Capital
Aug 21Is Asian Paints (NSE:ASIANPAINT) A Risky Investment?
Jun 20Do Asian Paints's (NSE:ASIANPAINT) Earnings Warrant Your Attention?
May 28Why You Should Care About Asian Paints' (NSE:ASIANPAINT) Strong Returns On Capital
May 13Is Asian Paints Limited (NSE:ASIANPAINT) A Smart Choice For Dividend Investors?
Apr 29Asian Paints (NSE:ASIANPAINT) Has A Pretty Healthy Balance Sheet
Mar 09Asian Paints Limited's (NSE:ASIANPAINT) Stock Has Fared Decently: Is the Market Following Strong Financials?
Feb 22Here's What To Make Of Asian Paints' (NSE:ASIANPAINT) Returns On Capital
Feb 07Do Insiders Own Lots Of Shares In Asian Paints Limited (NSE:ASIANPAINT)?
Jan 23Asian Paints Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Jan 23Financial Position Analysis
Short Term Liabilities: ASIANPAINT's short term assets (₹175.4B) exceed its short term liabilities (₹85.0B).
Long Term Liabilities: ASIANPAINT's short term assets (₹175.4B) exceed its long term liabilities (₹20.0B).
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 reduced from 6.4% to 5.7% over the past 5 years.
Debt Coverage: ASIANPAINT's debt is well covered by operating cash flow (551.3%).
Interest Coverage: ASIANPAINT's interest payments on its debt are well covered by EBIT (32.8x coverage).