Carborundum Universal Balance Sheet Health
Financial Health criteria checks 6/6
Carborundum Universal has a total shareholder equity of ₹34.7B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ₹44.2B and ₹9.5B respectively. Carborundum Universal's EBIT is ₹5.9B making its interest coverage ratio -171.8. It has cash and short-term investments of ₹3.9B.
Key information
3.0%
Debt to equity ratio
₹1.03b
Debt
| Interest coverage ratio | -171.8x |
| Cash | ₹3.90b |
| Equity | ₹34.66b |
| Total liabilities | ₹9.53b |
| Total assets | ₹44.19b |
Recent financial health updates
Is Carborundum Universal (NSE:CARBORUNIV) A Risky Investment?
Aug 19
Is Carborundum Universal (NSE:CARBORUNIV) Using Too Much Debt?
Nov 06Carborundum Universal (NSE:CARBORUNIV) Has A Pretty Healthy Balance Sheet
May 27We Think Carborundum Universal (NSE:CARBORUNIV) Can Stay On Top Of Its Debt
Jan 25These 4 Measures Indicate That Carborundum Universal (NSE:CARBORUNIV) Is Using Debt Reasonably Well
Jun 08Does Carborundum Universal (NSE:CARBORUNIV) Have A Healthy Balance Sheet?
Jan 17Recent updates
Some Confidence Is Lacking In Carborundum Universal Limited's (NSE:CARBORUNIV) P/E
Sep 06Is Carborundum Universal (NSE:CARBORUNIV) A Risky Investment?
Aug 19Carborundum Universal (NSE:CARBORUNIV) Will Pay A Larger Dividend Than Last Year At ₹2.50
Jul 12Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be Increased To ₹2.50
Jun 25Carborundum Universal (NSE:CARBORUNIV) Ticks All The Boxes When It Comes To Earnings Growth
Jun 06Carborundum Universal's (NSE:CARBORUNIV) Upcoming Dividend Will Be Larger Than Last Year's
May 21Carborundum Universal Limited (NSE:CARBORUNIV) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,459
May 08Carborundum Universal Limited's (NSE:CARBORUNIV) Share Price Not Quite Adding Up
Apr 27Does Carborundum Universal (NSE:CARBORUNIV) Deserve A Spot On Your Watchlist?
Mar 06Investors Met With Slowing Returns on Capital At Carborundum Universal (NSE:CARBORUNIV)
Feb 19Earnings Miss: Carborundum Universal Limited Missed EPS By 6.8% And Analysts Are Revising Their Forecasts
Feb 04Subdued Growth No Barrier To Carborundum Universal Limited's (NSE:CARBORUNIV) Price
Jan 21Do Carborundum Universal's (NSE:CARBORUNIV) Earnings Warrant Your Attention?
Dec 06Returns On Capital At Carborundum Universal (NSE:CARBORUNIV) Have Hit The Brakes
Nov 21Is Carborundum Universal (NSE:CARBORUNIV) Using Too Much Debt?
Nov 06Here's Why We Think Carborundum Universal (NSE:CARBORUNIV) Is Well Worth Watching
Aug 22Returns At Carborundum Universal (NSE:CARBORUNIV) Appear To Be Weighed Down
Aug 05Carborundum Universal (NSE:CARBORUNIV) Has Affirmed Its Dividend Of ₹2.00
Jul 13Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be ₹2.00
Jun 24Carborundum Universal (NSE:CARBORUNIV) Has A Pretty Healthy Balance Sheet
May 27Carborundum Universal (NSE:CARBORUNIV) Has Announced A Dividend Of ₹2.00
May 11Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be ₹1.50
Feb 03We Think Carborundum Universal (NSE:CARBORUNIV) Can Stay On Top Of Its Debt
Jan 25The Returns At Carborundum Universal (NSE:CARBORUNIV) Aren't Growing
Jan 05Carborundum Universal (NSE:CARBORUNIV) Hasn't Managed To Accelerate Its Returns
Sep 22Carborundum Universal (NSE:CARBORUNIV) Is Increasing Its Dividend To ₹2.00
Jul 11At ₹768, Is It Time To Put Carborundum Universal Limited (NSE:CARBORUNIV) On Your Watch List?
Jul 08Carborundum Universal's (NSE:CARBORUNIV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 24These 4 Measures Indicate That Carborundum Universal (NSE:CARBORUNIV) Is Using Debt Reasonably Well
Jun 08Carborundum Universal (NSE:CARBORUNIV) Is Paying Out A Larger Dividend Than Last Year
May 24I Ran A Stock Scan For Earnings Growth And Carborundum Universal (NSE:CARBORUNIV) Passed With Ease
Apr 29Is It Time To Consider Buying Carborundum Universal Limited (NSE:CARBORUNIV)?
Feb 28Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be ₹1.50
Feb 12Does Carborundum Universal (NSE:CARBORUNIV) Have A Healthy Balance Sheet?
Jan 17Return Trends At Carborundum Universal (NSE:CARBORUNIV) Aren't Appealing
Dec 27Is It Too Late To Consider Buying Carborundum Universal Limited (NSE:CARBORUNIV)?
Nov 22Here's Why I Think Carborundum Universal (NSE:CARBORUNIV) Is An Interesting Stock
Oct 13Investors Met With Slowing Returns on Capital At Carborundum Universal (NSE:CARBORUNIV)
Sep 16Financial Position Analysis
Short Term Liabilities: CARBORUNIV's short term assets (₹23.7B) exceed its short term liabilities (₹7.2B).
Long Term Liabilities: CARBORUNIV's short term assets (₹23.7B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: CARBORUNIV has more cash than its total debt.
Reducing Debt: CARBORUNIV's debt to equity ratio has reduced from 3.7% to 3% over the past 5 years.
Debt Coverage: CARBORUNIV's debt is well covered by operating cash flow (457%).
Interest Coverage: CARBORUNIV earns more interest than it pays, so coverage of interest payments is not a concern.