Abbott India Balance Sheet Health
Financial Health criteria checks 6/6
Abbott India has a total shareholder equity of ₹35.2B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹50.6B and ₹15.4B respectively. Abbott India's EBIT is ₹14.7B making its interest coverage ratio -6.8. It has cash and short-term investments of ₹11.1B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -6.8x |
| Cash | ₹11.06b |
| Equity | ₹35.21b |
| Total liabilities | ₹15.42b |
| Total assets | ₹50.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500488's short term assets (₹31.1B) exceed its short term liabilities (₹13.8B).
Long Term Liabilities: 500488's short term assets (₹31.1B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 500488 is debt free.
Reducing Debt: 500488 had no debt 5 years ago.
Debt Coverage: 500488 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 500488 has no debt, therefore coverage of interest payments is not a concern.