Coromandel International Balance Sheet Health
Financial Health criteria checks 6/6
Coromandel International has a total shareholder equity of ₹102.3B and total debt of ₹742.1M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹169.7B and ₹67.4B respectively. Coromandel International's EBIT is ₹19.0B making its interest coverage ratio 90.3. It has cash and short-term investments of ₹37.0B.
Key information
0.7%
Debt to equity ratio
₹742.10m
Debt
| Interest coverage ratio | 90.3x |
| Cash | ₹36.99b |
| Equity | ₹102.35b |
| Total liabilities | ₹67.39b |
| Total assets | ₹169.73b |
Recent financial health updates
Is Coromandel International (NSE:COROMANDEL) A Risky Investment?
Sep 19
Does Coromandel International (NSE:COROMANDEL) Have A Healthy Balance Sheet?
Jun 08Recent updates
Coromandel International (NSE:COROMANDEL) Will Want To Turn Around Its Return Trends
Dec 07Coromandel International Limited Just Recorded A 20% EPS Beat: Here's What Analysts Are Forecasting Next
Oct 29Is Coromandel International (NSE:COROMANDEL) A Risky Investment?
Sep 19Returns On Capital Signal Tricky Times Ahead For Coromandel International (NSE:COROMANDEL)
Aug 29Coromandel International Limited Just Missed EPS By 20%: Here's What Analysts Think Will Happen Next
Aug 11Improved Earnings Required Before Coromandel International Limited (NSE:COROMANDEL) Stock's 26% Jump Looks Justified
Jun 20Does Coromandel International (NSE:COROMANDEL) Have A Healthy Balance Sheet?
Jun 08Coromandel International Limited's (NSE:COROMANDEL) Business And Shares Still Trailing The Market
Mar 28Does Coromandel International (NSE:COROMANDEL) Deserve A Spot On Your Watchlist?
Jan 23Coromandel International (NSE:COROMANDEL) Could Be Struggling To Allocate Capital
Jan 05Financial Position Analysis
Short Term Liabilities: COROMANDEL's short term assets (₹121.6B) exceed its short term liabilities (₹61.3B).
Long Term Liabilities: COROMANDEL's short term assets (₹121.6B) exceed its long term liabilities (₹6.1B).
Debt to Equity History and Analysis
Debt Level: COROMANDEL has more cash than its total debt.
Reducing Debt: COROMANDEL's debt to equity ratio has reduced from 45.4% to 0.7% over the past 5 years.
Debt Coverage: COROMANDEL's debt is well covered by operating cash flow (2241.6%).
Interest Coverage: COROMANDEL's interest payments on its debt are well covered by EBIT (90.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 12:52 |
| End of Day Share Price | 2024/12/31 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Coromandel International Limited is covered by 30 analysts. 8 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 |
|---|---|
| null null | Antique Stockbroking Ltd. |
| Sujit Jain | Asian Markets Securities Private Limited |
| Vijayaraghavan Swaminathan | Avendus Spark |