Carborundum Universal Balance Sheet Health
Financial Health criteria checks 5/6
Carborundum Universal has a total shareholder equity of ₹29.8B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹38.5B and ₹8.7B respectively. Carborundum Universal's EBIT is ₹5.3B making its interest coverage ratio 82.5. It has cash and short-term investments of ₹3.6B.
Key information
6.1%
Debt to equity ratio
₹1.83b
Debt
| Interest coverage ratio | 82.5x |
| Cash | ₹3.65b |
| Equity | ₹29.82b |
| Total liabilities | ₹8.69b |
| Total assets | ₹38.51b |
Recent financial health updates
Is Carborundum Universal (NSE:CARBORUNIV) Using Too Much Debt?
Nov 06
Carborundum 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 17Carborundum Universal (NSE:CARBORUNIV) Could Easily Take On More Debt
Aug 26Recent updates
Carborundum 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 16Carborundum Universal (NSE:CARBORUNIV) Could Easily Take On More Debt
Aug 26Is There Now An Opportunity In Carborundum Universal Limited (NSE:CARBORUNIV)?
Aug 14Is Now The Time To Put Carborundum Universal (NSE:CARBORUNIV) On Your Watchlist?
Jul 14Here's What To Make Of Carborundum Universal's (NSE:CARBORUNIV) Decelerating Rates Of Return
Jun 02These 4 Measures Indicate That Carborundum Universal (NSE:CARBORUNIV) Is Using Debt Safely
May 21Carborundum Universal Limited (NSE:CARBORUNIV) Is An Attractive Dividend Stock - Here's Why
May 09Should You Think About Buying Carborundum Universal Limited (NSE:CARBORUNIV) Now?
Apr 29Do Carborundum Universal's (NSE:CARBORUNIV) Earnings Warrant Your Attention?
Mar 28Could The Carborundum Universal Limited (NSE:CARBORUNIV) Ownership Structure Tell Us Something Useful?
Mar 17Is Carborundum Universal Limited's(NSE:CARBORUNIV) Recent Stock Performance Tethered To Its Strong Fundamentals?
Mar 06Financial Position Analysis
Short Term Liabilities: CARBORUNIV's short term assets (₹19.7B) exceed its short term liabilities (₹6.8B).
Long Term Liabilities: CARBORUNIV's short term assets (₹19.7B) exceed its long term liabilities (₹1.9B).
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 increased from 5.8% to 6.1% over the past 5 years.
Debt Coverage: CARBORUNIV's debt is well covered by operating cash flow (389.2%).
Interest Coverage: CARBORUNIV's interest payments on its debt are well covered by EBIT (82.5x coverage).