UltraTech Cement Balance Sheet Health
Financial Health criteria checks 5/6
UltraTech Cement has a total shareholder equity of ₹627.7B and total debt of ₹159.2B, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are ₹1,076.1B and ₹448.4B respectively. UltraTech Cement's EBIT is ₹90.8B making its interest coverage ratio 10.7. It has cash and short-term investments of ₹66.0B.
Key information
25.4%
Debt to equity ratio
₹159.22b
Debt
| Interest coverage ratio | 10.7x |
| Cash | ₹65.98b |
| Equity | ₹627.70b |
| Total liabilities | ₹448.41b |
| Total assets | ₹1.08t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ULC14's short term assets (₹237.9B) do not cover its short term liabilities (₹283.9B).
Long Term Liabilities: ULC14's short term assets (₹237.9B) exceed its long term liabilities (₹164.5B).
Debt to Equity History and Analysis
Debt Level: ULC14's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: ULC14's debt to equity ratio has reduced from 75.1% to 25.4% over the past 5 years.
Debt Coverage: ULC14's debt is well covered by operating cash flow (65.1%).
Interest Coverage: ULC14's interest payments on its debt are well covered by EBIT (10.7x coverage).