Sirca Paints India Balance Sheet Health
Financial Health criteria checks 6/6
Sirca Paints India has a total shareholder equity of ₹3.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.5B and ₹422.1M respectively. Sirca Paints India's EBIT is ₹627.2M making its interest coverage ratio 3105. It has cash and short-term investments of ₹1.2B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 3105x |
| Cash | ₹1.18b |
| Equity | ₹3.09b |
| Total liabilities | ₹422.15m |
| Total assets | ₹3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543686's short term assets (₹2.8B) exceed its short term liabilities (₹416.1M).
Long Term Liabilities: 543686's short term assets (₹2.8B) exceed its long term liabilities (₹6.0M).
Debt to Equity History and Analysis
Debt Level: 543686 is debt free.
Reducing Debt: 543686 has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Debt Coverage: 543686 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 543686 has no debt, therefore coverage of interest payments is not a concern.