Linde India Balance Sheet Health
Financial Health criteria checks 6/6
Linde India has a total shareholder equity of ₹34.7B and total debt of ₹206.9M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹48.1B and ₹13.4B respectively. Linde India's EBIT is ₹5.2B making its interest coverage ratio -9.3. It has cash and short-term investments of ₹9.8B.
Key information
0.6%
Debt to equity ratio
₹206.90m
Debt
| Interest coverage ratio | -9.3x |
| Cash | ₹9.79b |
| Equity | ₹34.68b |
| Total liabilities | ₹13.37b |
| Total assets | ₹48.05b |
Recent financial health updates
Is Linde India (NSE:LINDEINDIA) Using Too Much Debt?
Sep 09
Linde India (NSE:LINDEINDIA) Could Easily Take On More Debt
Mar 10Linde India (NSE:LINDEINDIA) Has A Rock Solid Balance Sheet
Jun 30Is Linde India (NSE:LINDEINDIA) A Risky Investment?
Jun 01Recent updates
Is Linde India (NSE:LINDEINDIA) Using Too Much Debt?
Sep 09Linde India Limited (NSE:LINDEINDIA) Analysts Just Trimmed Their Revenue Forecasts By 11%
Aug 14Revenues 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 (₹19.4B) exceed its short term liabilities (₹10.3B).
Long Term Liabilities: LINDEINDIA's short term assets (₹19.4B) 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 36.3% to 0.6% over the past 5 years.
Debt Coverage: LINDEINDIA's debt is well covered by operating cash flow (2111.9%).
Interest Coverage: LINDEINDIA earns more interest than it pays, so coverage of interest payments is not a concern.