Shankar Lal Rampal Dye-Chem Balance Sheet Health
Financial Health criteria checks 6/6
Shankar Lal Rampal Dye-Chem has a total shareholder equity of ₹985.2M and total debt of ₹62.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are ₹1.1B and ₹70.5M respectively. Shankar Lal Rampal Dye-Chem's EBIT is ₹131.4M making its interest coverage ratio 21.8. It has cash and short-term investments of ₹35.7M.
Key information
6.3%
Debt to equity ratio
₹62.02m
Debt
| Interest coverage ratio | 21.8x |
| Cash | ₹35.68m |
| Equity | ₹985.20m |
| Total liabilities | ₹70.49m |
| Total assets | ₹1.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SRD's short term assets (₹1.0B) exceed its short term liabilities (₹70.4M).
Long Term Liabilities: SRD's short term assets (₹1.0B) exceed its long term liabilities (₹113.0K).
Debt to Equity History and Analysis
Debt Level: SRD's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: SRD's debt to equity ratio has reduced from 87.7% to 6.3% over the past 5 years.
Debt Coverage: SRD's debt is well covered by operating cash flow (94.7%).
Interest Coverage: SRD's interest payments on its debt are well covered by EBIT (21.8x coverage).