Shivam Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
Shivam Chemicals has a total shareholder equity of ₹150.6M and total debt of ₹158.5M, which brings its debt-to-equity ratio to 105.2%. Its total assets and total liabilities are ₹409.6M and ₹259.0M respectively. Shivam Chemicals's EBIT is ₹21.9M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹3.6M.
Key information
105.2%
Debt to equity ratio
₹158.52m
Debt
Interest coverage ratio | 2.9x |
Cash | ₹3.57m |
Equity | ₹150.63m |
Total liabilities | ₹259.00m |
Total assets | ₹409.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544165's short term assets (₹251.9M) exceed its short term liabilities (₹206.6M).
Long Term Liabilities: 544165's short term assets (₹251.9M) exceed its long term liabilities (₹52.4M).
Debt to Equity History and Analysis
Debt Level: 544165's net debt to equity ratio (102.9%) is considered high.
Reducing Debt: Insufficient data to determine if 544165's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544165's debt is well covered by operating cash flow (29.3%).
Interest Coverage: 544165's interest payments on its debt are not well covered by EBIT (2.9x coverage).