Cipla Balance Sheet Health
Financial Health criteria checks 6/6
Cipla has a total shareholder equity of ₹268.0B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹327.2B and ₹59.2B respectively. Cipla's EBIT is ₹52.4B making its interest coverage ratio 58.3. It has cash and short-term investments of ₹56.8B.
Key information
0.9%
Debt to equity ratio
₹2.47b
Debt
Interest coverage ratio | 58.3x |
Cash | ₹56.82b |
Equity | ₹268.02b |
Total liabilities | ₹59.15b |
Total assets | ₹327.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500087's short term assets (₹193.9B) exceed its short term liabilities (₹52.5B).
Long Term Liabilities: 500087's short term assets (₹193.9B) exceed its long term liabilities (₹6.7B).
Debt to Equity History and Analysis
Debt Level: 500087 has more cash than its total debt.
Reducing Debt: 500087's debt to equity ratio has reduced from 28.1% to 0.9% over the past 5 years.
Debt Coverage: 500087's debt is well covered by operating cash flow (1673.5%).
Interest Coverage: 500087's interest payments on its debt are well covered by EBIT (58.3x coverage).