Cipla Balance Sheet Health
Financial Health criteria checks 6/6
Cipla has a total shareholder equity of ₹284.6B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹346.6B and ₹62.0B respectively. Cipla's EBIT is ₹57.3B making its interest coverage ratio -36.5. It has cash and short-term investments of ₹87.1B.
Key information
0.6%
Debt to equity ratio
₹1.62b
Debt
| Interest coverage ratio | -36.5x |
| Cash | ₹87.08b |
| Equity | ₹284.56b |
| Total liabilities | ₹62.00b |
| Total assets | ₹346.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIPLA's short term assets (₹209.5B) exceed its short term liabilities (₹54.5B).
Long Term Liabilities: CIPLA's short term assets (₹209.5B) exceed its long term liabilities (₹7.4B).
Debt to Equity History and Analysis
Debt Level: CIPLA has more cash than its total debt.
Reducing Debt: CIPLA's debt to equity ratio has reduced from 22.4% to 0.6% over the past 5 years.
Debt Coverage: CIPLA's debt is well covered by operating cash flow (2775%).
Interest Coverage: CIPLA earns more interest than it pays, so coverage of interest payments is not a concern.