UltraTech Cement Balance Sheet Health
Financial Health criteria checks 5/6
UltraTech Cement has a total shareholder equity of ₹562.0B and total debt of ₹114.6B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ₹939.9B and ₹377.9B respectively. UltraTech Cement's EBIT is ₹91.1B making its interest coverage ratio 16.1. It has cash and short-term investments of ₹42.0B.
Key information
20.4%
Debt to equity ratio
₹114.59b
Debt
Interest coverage ratio | 16.1x |
Cash | ₹41.96b |
Equity | ₹562.04b |
Total liabilities | ₹377.88b |
Total assets | ₹939.91b |
Recent financial health updates
Is UltraTech Cement (NSE:ULTRACEMCO) A Risky Investment?
Dec 16Here's Why UltraTech Cement (NSE:ULTRACEMCO) Can Manage Its Debt Responsibly
Sep 13Is UltraTech Cement (NSE:ULTRACEMCO) Using Too Much Debt?
Jun 05UltraTech Cement (NSE:ULTRACEMCO) Seems To Use Debt Quite Sensibly
Nov 27Is UltraTech Cement (NSE:ULTRACEMCO) A Risky Investment?
Aug 13Does UltraTech Cement (NSE:ULTRACEMCO) Have A Healthy Balance Sheet?
Mar 25Recent updates
With UltraTech Cement Limited (NSE:ULTRACEMCO) It Looks Like You'll Get What You Pay For
Apr 08UltraTech Cement (NSE:ULTRACEMCO) Shareholders Will Want The ROCE Trajectory To Continue
Feb 10Results: UltraTech Cement Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Jan 23Investors Still Waiting For A Pull Back In UltraTech Cement Limited (NSE:ULTRACEMCO)
Jan 03Is UltraTech Cement (NSE:ULTRACEMCO) A Risky Investment?
Dec 16Returns Are Gaining Momentum At UltraTech Cement (NSE:ULTRACEMCO)
Oct 23Here's Why UltraTech Cement (NSE:ULTRACEMCO) Can Manage Its Debt Responsibly
Sep 13Is UltraTech Cement (NSE:ULTRACEMCO) Using Too Much Debt?
Jun 05The Return Trends At UltraTech Cement (NSE:ULTRACEMCO) Look Promising
Apr 30UltraTech Cement (NSE:ULTRACEMCO) Might Have The Makings Of A Multi-Bagger
Jan 20UltraTech Cement (NSE:ULTRACEMCO) Seems To Use Debt Quite Sensibly
Nov 27Returns At UltraTech Cement (NSE:ULTRACEMCO) Appear To Be Weighed Down
Oct 18Is Now The Time To Put UltraTech Cement (NSE:ULTRACEMCO) On Your Watchlist?
Aug 28Is UltraTech Cement (NSE:ULTRACEMCO) A Risky Investment?
Aug 13UltraTech Cement (NSE:ULTRACEMCO) Is Increasing Its Dividend To ₹38.00
Jul 21Slowing Rates Of Return At UltraTech Cement (NSE:ULTRACEMCO) Leave Little Room For Excitement
Jun 28Are UltraTech Cement Limited (NSE:ULTRACEMCO) Investors Paying Above The Intrinsic Value?
Jun 16Here's Why We Think UltraTech Cement (NSE:ULTRACEMCO) Is Well Worth Watching
May 23Does UltraTech Cement (NSE:ULTRACEMCO) Have A Healthy Balance Sheet?
Mar 25UltraTech Cement (NSE:ULTRACEMCO) Is Looking To Continue Growing Its Returns On Capital
Mar 10A Look At The Intrinsic Value Of UltraTech Cement Limited (NSE:ULTRACEMCO)
Feb 23UltraTech Cement (NSE:ULTRACEMCO) Has A Rock Solid Balance Sheet
Dec 21UltraTech Cement (NSE:ULTRACEMCO) Shareholders Will Want The ROCE Trajectory To Continue
Dec 09Should You Be Adding UltraTech Cement (NSE:ULTRACEMCO) To Your Watchlist Today?
Nov 27Is UltraTech Cement Limited (NSE:ULTRACEMCO) Worth ₹8.1k Based On Its Intrinsic Value?
Nov 16UltraTech Cement (NSE:ULTRACEMCO) Seems To Use Debt Rather Sparingly
Sep 16UltraTech Cement (NSE:ULTRACEMCO) Is Experiencing Growth In Returns On Capital
Sep 03Is Now The Time To Put UltraTech Cement (NSE:ULTRACEMCO) On Your Watchlist?
Aug 22UltraTech Cement Limited's (NSE:ULTRACEMCO) Intrinsic Value Is Potentially 24% Below Its Share Price
Aug 09UltraTech Cement's (NSE:ULTRACEMCO) Dividend Will Be Increased To ₹37.00
Jul 21Is UltraTech Cement (NSE:ULTRACEMCO) Using Too Much Debt?
Jun 15The Returns At UltraTech Cement (NSE:ULTRACEMCO) Aren't Growing
May 17What You Need To Know About UltraTech Cement Limited's (NSE:ULTRACEMCO) Investor Composition
Mar 17Have UltraTech Cement Limited (NSE:ULTRACEMCO) Insiders Been Selling Their Stock?
Feb 28UltraTech Cement Limited's (NSE:ULTRACEMCO) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 24Have Insiders Been Buying UltraTech Cement Limited (NSE:ULTRACEMCO) Shares?
Feb 09UltraTech Cement Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Jan 25Here's Why We Think UltraTech Cement (NSE:ULTRACEMCO) Is Well Worth Watching
Jan 12How Does UltraTech Cement Limited (NSE:ULTRACEMCO) Stand Up To These Simple Dividend Safety Checks?
Dec 29UltraTech Cement (NSE:ULTRACEMCO) Is Growing Earnings But Are They A Good Guide?
Dec 14Is UltraTech Cement Limited (NSE:ULTRACEMCO) Popular Amongst Institutions?
Nov 30Financial Position Analysis
Short Term Liabilities: ULTRACEMCO's short term assets (₹202.5B) do not cover its short term liabilities (₹243.8B).
Long Term Liabilities: ULTRACEMCO's short term assets (₹202.5B) exceed its long term liabilities (₹134.0B).
Debt to Equity History and Analysis
Debt Level: ULTRACEMCO's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: ULTRACEMCO's debt to equity ratio has reduced from 72.8% to 20.4% over the past 5 years.
Debt Coverage: ULTRACEMCO's debt is well covered by operating cash flow (101.2%).
Interest Coverage: ULTRACEMCO's interest payments on its debt are well covered by EBIT (16.1x coverage).