Atul Balance Sheet Health
Financial Health criteria checks 5/6
Atul has a total shareholder equity of ₹51.6B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are ₹64.8B and ₹13.1B respectively. Atul's EBIT is ₹3.9B making its interest coverage ratio 35.5. It has cash and short-term investments of ₹5.0B.
Key information
4.5%
Debt to equity ratio
₹2.32b
Debt
| Interest coverage ratio | 35.5x |
| Cash | ₹4.99b |
| Equity | ₹51.63b |
| Total liabilities | ₹13.13b |
| Total assets | ₹64.76b |
Recent financial health updates
These 4 Measures Indicate That Atul (NSE:ATUL) Is Using Debt Extensively
Mar 29
Atul (NSE:ATUL) Takes On Some Risk With Its Use Of Debt
Oct 28Is Atul (NSE:ATUL) Using Too Much Debt?
Jun 14Is Atul (NSE:ATUL) Using Too Much Debt?
Mar 09Here's Why Atul (NSE:ATUL) Can Manage Its Debt Responsibly
Nov 30Does Atul (NSE:ATUL) Have A Healthy Balance Sheet?
May 19Recent updates
Atul Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 01These 4 Measures Indicate That Atul (NSE:ATUL) Is Using Debt Extensively
Mar 29Atul Ltd Just Missed Earnings - But Analysts Have Updated Their Models
Jan 23The Returns On Capital At Atul (NSE:ATUL) Don't Inspire Confidence
Dec 28Atul (NSE:ATUL) Takes On Some Risk With Its Use Of Debt
Oct 28Returns On Capital At Atul (NSE:ATUL) Paint A Concerning Picture
Sep 17Is Atul (NSE:ATUL) Using Too Much Debt?
Jun 14There Are Reasons To Feel Uneasy About Atul's (NSE:ATUL) Returns On Capital
May 22Atul Ltd (NSE:ATUL) Analysts Are More Bearish Than They Used To Be
May 04Is Atul (NSE:ATUL) Using Too Much Debt?
Mar 09Atul's (NSE:ATUL) Returns Have Hit A Wall
Jan 23Here's Why Atul (NSE:ATUL) Can Manage Its Debt Responsibly
Nov 30Returns At Atul (NSE:ATUL) Appear To Be Weighed Down
Oct 22Atul (NSE:ATUL) Hasn't Managed To Accelerate Its Returns
Jul 21Atul (NSE:ATUL) Is Increasing Its Dividend To ₹25.00
Jul 02Atul (NSE:ATUL) Will Pay A Larger Dividend Than Last Year At ₹25.00
Jun 01Does Atul (NSE:ATUL) Have A Healthy Balance Sheet?
May 19Atul Ltd Just Missed Earnings - But Analysts Have Updated Their Models
Apr 30Atul (NSE:ATUL) Has Announced That It Will Be Increasing Its Dividend To ₹25.00
Apr 29The Returns At Atul (NSE:ATUL) Aren't Growing
Feb 24These 4 Measures Indicate That Atul (NSE:ATUL) Is Using Debt Reasonably Well
Jan 02Here's Why I Think Atul (NSE:ATUL) Might Deserve Your Attention Today
Dec 15Atul (NSE:ATUL) Strong Profits May Be Masking Some Underlying Issues
Nov 05Atul (NSE:ATUL) Could Easily Take On More Debt
Sep 16Atul (NSE:ATUL) Is Aiming To Keep Up Its Impressive Returns
Aug 29Does Atul (NSE:ATUL) Deserve A Spot On Your Watchlist?
Aug 11Shareholders Will Probably Hold Off On Increasing Atul Ltd's (NSE:ATUL) CEO Compensation For The Time Being
Jul 23Atul (NSE:ATUL) Seems To Use Debt Quite Sensibly
May 21Slowing Rates Of Return At Atul (NSE:ATUL) Leave Little Room For Excitement
May 03Our Take On Atul's (NSE:ATUL) CEO Salary
Feb 25Is Atul (NSE:ATUL) A Risky Investment?
Feb 12Should You Be Impressed By Atul's (NSE:ATUL) Returns on Capital?
Jan 30
Atul (NSE:ATUL) Shareholders Have Enjoyed A Whopping 355% Share Price Gain
Jan 13What You Need To Know About Atul Ltd's (NSE:ATUL) Investor Composition
Dec 26Is Atul Ltd's(NSE:ATUL) Recent Stock Performance Tethered To Its Strong Fundamentals?
Nov 17Atul (NSE:ATUL) Seems To Use Debt Quite Sensibly
Oct 27Should We Be Excited About The Trends Of Returns At Atul (NSE:ATUL)?
Oct 06Do Insiders Own Lots Of Shares In Atul Ltd (NSE:ATUL)?
Sep 15Is Now The Time To Put Atul (NSE:ATUL) On Your Watchlist?
Aug 28Financial Position Analysis
Short Term Liabilities: ATUL's short term assets (₹22.8B) exceed its short term liabilities (₹8.9B).
Long Term Liabilities: ATUL's short term assets (₹22.8B) exceed its long term liabilities (₹4.2B).
Debt to Equity History and Analysis
Debt Level: ATUL has more cash than its total debt.
Reducing Debt: ATUL's debt to equity ratio has increased from 2% to 4.5% over the past 5 years.
Debt Coverage: ATUL's debt is well covered by operating cash flow (287.9%).
Interest Coverage: ATUL's interest payments on its debt are well covered by EBIT (35.5x coverage).