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 ₹1.0B and total debt of ₹95.9M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are ₹1.2B and ₹160.6M respectively. Shankar Lal Rampal Dye-Chem's EBIT is ₹143.9M making its interest coverage ratio 34.3. It has cash and short-term investments of ₹23.0M.
Key information
9.2%
Debt to equity ratio
₹95.92m
Debt
| Interest coverage ratio | 34.3x |
| Cash | ₹22.97m |
| Equity | ₹1.04b |
| Total liabilities | ₹160.64m |
| Total assets | ₹1.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SRD's short term assets (₹1.2B) exceed its short term liabilities (₹160.5M).
Long Term Liabilities: SRD's short term assets (₹1.2B) exceed its long term liabilities (₹114.7K).
Debt to Equity History and Analysis
Debt Level: SRD's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: SRD's debt to equity ratio has reduced from 87.7% to 9.2% over the past 5 years.
Debt Coverage: SRD's debt is well covered by operating cash flow (52.1%).
Interest Coverage: SRD's interest payments on its debt are well covered by EBIT (34.3x coverage).