Linde India Balance Sheet Health
Financial Health criteria checks 6/6
Linde India has a total shareholder equity of ₹32.5B and total debt of ₹216.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹45.0B and ₹12.5B respectively. Linde India's EBIT is ₹4.9B making its interest coverage ratio -8.8. It has cash and short-term investments of ₹10.0B.
Key information
0.7%
Debt to equity ratio
₹215.98m
Debt
| Interest coverage ratio | -8.8x |
| Cash | ₹9.97b |
| Equity | ₹32.46b |
| Total liabilities | ₹12.51b |
| Total assets | ₹44.98b |
Recent financial health updates
Linde India (NSE:LINDEINDIA) Could Easily Take On More Debt
Mar 10
Linde India (NSE:LINDEINDIA) Has A Rock Solid Balance Sheet
Jun 30Is Linde India (NSE:LINDEINDIA) A Risky Investment?
Jun 01Recent updates
Revenues Tell The Story For Linde India Limited (NSE:LINDEINDIA) As Its Stock Soars 33%
Apr 04Linde India (NSE:LINDEINDIA) Could Easily Take On More Debt
Mar 10Linde India Limited's (NSE:LINDEINDIA) Popularity With Investors Is Clear
Jan 09Estimating The Intrinsic Value Of Linde India Limited (NSE:LINDEINDIA)
Sep 17This Analyst Just Made A Massive Upgrade To Their Linde India Limited (NSE:LINDEINDIA) Earnings Forecasts
Feb 16Linde India (NSE:LINDEINDIA) Has A Rock Solid Balance Sheet
Jun 30Here's Why I Think Linde India (NSE:LINDEINDIA) Is An Interesting Stock
Mar 25We Think That There Are More Issues For Linde India (NSE:LINDEINDIA) Than Just Sluggish Earnings
Aug 17Is Linde India (NSE:LINDEINDIA) A Risky Investment?
Jun 01Linde India Limited's (NSE:LINDEINDIA) Shares Leap 31% Yet They're Still Not Telling The Full Story
Feb 15Linde India Limited's (NSE:LINDEINDIA) Stock Been Rising: Are Strong Financials Guiding The Market?
Jan 25Financial Position Analysis
Short Term Liabilities: LINDEINDIA's short term assets (₹19.8B) exceed its short term liabilities (₹9.4B).
Long Term Liabilities: LINDEINDIA's short term assets (₹19.8B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: LINDEINDIA has more cash than its total debt.
Reducing Debt: LINDEINDIA's debt to equity ratio has reduced from 82% to 0.7% over the past 5 years.
Debt Coverage: LINDEINDIA's debt is well covered by operating cash flow (2330.5%).
Interest Coverage: LINDEINDIA earns more interest than it pays, so coverage of interest payments is not a concern.