Ambuja Cements Balance Sheet Health
Financial Health criteria checks 6/6
Ambuja Cements has a total shareholder equity of ₹508.5B and total debt of ₹367.8M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are ₹653.0B and ₹144.5B respectively. Ambuja Cements's EBIT is ₹47.8B making its interest coverage ratio 17.3. It has cash and short-term investments of ₹118.3B.
Key information
0.07%
Debt to equity ratio
₹367.80m
Debt
Interest coverage ratio | 17.3x |
Cash | ₹118.28b |
Equity | ₹508.46b |
Total liabilities | ₹144.52b |
Total assets | ₹652.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMCEM's short term assets (₹248.5B) exceed its short term liabilities (₹121.3B).
Long Term Liabilities: AMCEM's short term assets (₹248.5B) exceed its long term liabilities (₹23.2B).
Debt to Equity History and Analysis
Debt Level: AMCEM has more cash than its total debt.
Reducing Debt: AMCEM's debt to equity ratio has reduced from 0.1% to 0.07% over the past 5 years.
Debt Coverage: AMCEM's debt is well covered by operating cash flow (15350.2%).
Interest Coverage: AMCEM's interest payments on its debt are well covered by EBIT (17.3x coverage).