Chemtech Industrial Valves Balance Sheet Health
Financial Health criteria checks 5/6
Chemtech Industrial Valves has a total shareholder equity of ₹884.1M and total debt of ₹28.3M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ₹978.1M and ₹94.0M respectively. Chemtech Industrial Valves's EBIT is ₹74.5M making its interest coverage ratio 14.6. It has cash and short-term investments of ₹645.3M.
Key information
3.2%
Debt to equity ratio
₹28.25m
Debt
| Interest coverage ratio | 14.6x |
| Cash | ₹645.27m |
| Equity | ₹884.14m |
| Total liabilities | ₹93.96m |
| Total assets | ₹978.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 537326's short term assets (₹837.4M) exceed its short term liabilities (₹87.0M).
Long Term Liabilities: 537326's short term assets (₹837.4M) exceed its long term liabilities (₹7.0M).
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 143.6% to 3.2% over the past 5 years.
Debt Coverage: 537326's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 537326's interest payments on its debt are well covered by EBIT (14.6x coverage).