UltraTech Cement Balance Sheet Health
Financial Health criteria checks 5/6
UltraTech Cement has a total shareholder equity of ₹602.8B and total debt of ₹103.0B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are ₹1,008.0B and ₹405.2B respectively. UltraTech Cement's EBIT is ₹98.2B making its interest coverage ratio 10.1. It has cash and short-term investments of ₹62.7B.
Key information
17.1%
Debt to equity ratio
₹102.98b
Debt
Interest coverage ratio | 10.1x |
Cash | ₹62.68b |
Equity | ₹602.83b |
Total liabilities | ₹405.19b |
Total assets | ₹1.01t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ULCL1's short term assets (₹231.6B) do not cover its short term liabilities (₹269.1B).
Long Term Liabilities: ULCL1's short term assets (₹231.6B) exceed its long term liabilities (₹136.1B).
Debt to Equity History and Analysis
Debt Level: ULCL1's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: ULCL1's debt to equity ratio has reduced from 75% to 17.1% over the past 5 years.
Debt Coverage: ULCL1's debt is well covered by operating cash flow (105.8%).
Interest Coverage: ULCL1's interest payments on its debt are well covered by EBIT (10.1x coverage).