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 ₹170.3M, which brings its debt-to-equity ratio to 113%. 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 3. It has cash and short-term investments of ₹4.4M.
Key information
113.0%
Debt to equity ratio
₹170.27m
Debt
| Interest coverage ratio | 3x |
| Cash | ₹4.40m |
| 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 (110.1%) 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 (27.2%).
Interest Coverage: 544165's interest payments on its debt are not well covered by EBIT (3x coverage).