Novartis India Balance Sheet Health
Financial Health criteria checks 6/6
Novartis India has a total shareholder equity of ₹7.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹8.9B and ₹1.6B respectively. Novartis India's EBIT is ₹770.3M making its interest coverage ratio -1.6. It has cash and short-term investments of ₹6.0B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -1.6x |
| Cash | ₹5.97b |
| Equity | ₹7.29b |
| Total liabilities | ₹1.62b |
| Total assets | ₹8.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500672's short term assets (₹7.0B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 500672's short term assets (₹7.0B) exceed its long term liabilities (₹214.5M).
Debt to Equity History and Analysis
Debt Level: 500672 is debt free.
Reducing Debt: 500672 had no debt 5 years ago.
Debt Coverage: 500672 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 500672 has no debt, therefore coverage of interest payments is not a concern.