Chemtech Industrial Valves Balance Sheet Health
Financial Health criteria checks 6/6
Chemtech Industrial Valves has a total shareholder equity of ₹371.0M and total debt of ₹46.5M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ₹539.2M and ₹168.1M respectively. Chemtech Industrial Valves's EBIT is ₹64.5M making its interest coverage ratio 7.3. It has cash and short-term investments of ₹180.0M.
Key information
12.5%
Debt to equity ratio
₹46.55m
Debt
| Interest coverage ratio | 7.3x |
| Cash | ₹180.04m |
| Equity | ₹371.01m |
| Total liabilities | ₹168.14m |
| Total assets | ₹539.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 537326's short term assets (₹384.2M) exceed its short term liabilities (₹122.4M).
Long Term Liabilities: 537326's short term assets (₹384.2M) exceed its long term liabilities (₹45.8M).
Debt to Equity History and Analysis
Debt Level: 537326 has more cash than its total debt.
Reducing Debt: 537326's debt to equity ratio has reduced from 144.3% to 12.5% over the past 5 years.
Debt Coverage: 537326's debt is well covered by operating cash flow (77.7%).
Interest Coverage: 537326's interest payments on its debt are well covered by EBIT (7.3x coverage).