Abbott India Balance Sheet Health
Financial Health criteria checks 5/6
Abbott India has a total shareholder equity of ₹37.0B and total debt of ₹832.3M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹51.9B and ₹14.9B respectively. Abbott India's EBIT is ₹14.1B making its interest coverage ratio -6.6. It has cash and short-term investments of ₹21.2B.
Key information
2.3%
Debt to equity ratio
₹832.30m
Debt
| Interest coverage ratio | -6.6x |
| Cash | ₹21.18b |
| Equity | ₹36.99b |
| Total liabilities | ₹14.95b |
| Total assets | ₹51.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500488's short term assets (₹32.5B) exceed its short term liabilities (₹13.4B).
Long Term Liabilities: 500488's short term assets (₹32.5B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 500488 has more cash than its total debt.
Reducing Debt: 500488's debt to equity ratio has increased from 0% to 2.3% over the past 5 years.
Debt Coverage: 500488's debt is well covered by operating cash flow (1457.2%).
Interest Coverage: 500488 earns more interest than it pays, so coverage of interest payments is not a concern.