Sirca Paints India Balance Sheet Health
Financial Health criteria checks 6/6
Sirca Paints India has a total shareholder equity of ₹2.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.3B and ₹398.7M respectively. Sirca Paints India's EBIT is ₹613.7M making its interest coverage ratio -18.5. It has cash and short-term investments of ₹653.3M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -18.5x |
| Cash | ₹653.33m |
| Equity | ₹2.86b |
| Total liabilities | ₹398.69m |
| Total assets | ₹3.26b |
Recent financial health updates
These 4 Measures Indicate That Sirca Paints India (NSE:SIRCA) Is Using Debt Extensively
Mar 07
Sirca Paints India (NSE:SIRCA) Has A Somewhat Strained Balance Sheet
Nov 25
Recent updates
Here's Why Sirca Paints India (NSE:SIRCA) Has Caught The Eye Of Investors
Apr 03Calculating The Intrinsic Value Of Sirca Paints India Limited (NSE:SIRCA)
Mar 14Should You Be Adding Sirca Paints India (NSE:SIRCA) To Your Watchlist Today?
Aug 03Sirca Paints India (NSE:SIRCA) Could Be Struggling To Allocate Capital
Jan 14Investors Could Be Concerned With Sirca Paints India's (NSE:SIRCA) Returns On Capital
Jun 02These 4 Measures Indicate That Sirca Paints India (NSE:SIRCA) Is Using Debt Extensively
Mar 07Can Mixed Fundamentals Have A Negative Impact on Sirca Paints India Limited (NSE:SIRCA) Current Share Price Momentum?
Feb 19Should You Be Impressed By Sirca Paints India's (NSE:SIRCA) Returns on Capital?
Feb 01What Kind Of Investors Own Most Of Sirca Paints India Limited (NSE:SIRCA)?
Jan 18Should You Take Comfort From Insider Transactions At Sirca Paints India Limited (NSE:SIRCA)?
Dec 31Sirca Paints India (NSE:SIRCA) Has A Somewhat Strained Balance Sheet
Nov 25Investors Who Bought Sirca Paints India (NSE:SIRCA) Shares A Year Ago Are Now Up 23%
Jul 28The Returns At Sirca Paints India (NSE:SIRCA) Provide Us With Signs Of What's To Come
Jul 10Financial Position Analysis
Short Term Liabilities: SIRCA's short term assets (₹2.6B) exceed its short term liabilities (₹396.3M).
Long Term Liabilities: SIRCA's short term assets (₹2.6B) exceed its long term liabilities (₹2.4M).
Debt to Equity History and Analysis
Debt Level: SIRCA is debt free.
Reducing Debt: SIRCA has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
Debt Coverage: SIRCA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SIRCA has no debt, therefore coverage of interest payments is not a concern.