Reliance Chemotex Industries Balance Sheet Health
Financial Health criteria checks 0/6
Reliance Chemotex Industries has a total shareholder equity of ₹1.3B and total debt of ₹2.8B, which brings its debt-to-equity ratio to 210.2%. Its total assets and total liabilities are ₹4.8B and ₹3.5B respectively. Reliance Chemotex Industries's EBIT is ₹169.7M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹503.8M.
Key information
210.2%
Debt to equity ratio
₹2.81b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹503.78m |
| Equity | ₹1.34b |
| Total liabilities | ₹3.47b |
| Total assets | ₹4.81b |
Recent financial health updates
Is Reliance Chemotex Industries (NSE:RELCHEMQ) A Risky Investment?
Jul 24
These 4 Measures Indicate That Reliance Chemotex Industries (NSE:RELCHEMQ) Is Using Debt In A Risky Way
Feb 20Recent updates
Is Reliance Chemotex Industries (NSE:RELCHEMQ) A Risky Investment?
Jul 24It's A Story Of Risk Vs Reward With Reliance Chemotex Industries Limited (NSE:RELCHEMQ)
Mar 13These 4 Measures Indicate That Reliance Chemotex Industries (NSE:RELCHEMQ) Is Using Debt In A Risky Way
Feb 20Returns At Reliance Chemotex Industries (NSE:RELCHEMQ) Appear To Be Weighed Down
Nov 01Reliance Chemotex Industries (NSE:RELCHEMQ) Is Paying Out A Dividend Of ₹2.50
Sep 07Reliance Chemotex Industries (NSE:RELCHEMQ) Is Due To Pay A Dividend Of ₹2.50
Aug 24Reliance Chemotex Industries (NSE:RELCHEMQ) Will Pay A Dividend Of ₹2.50
Aug 09Reliance Chemotex Industries (NSE:RELCHEMQ) Has Affirmed Its Dividend Of ₹2.50
Jul 26Reliance Chemotex Industries (NSE:RELCHEMQ) Is Paying Out A Dividend Of ₹2.50
May 30The Market Doesn't Like What It Sees From Reliance Chemotex Industries Limited's (NSE:RELCHEMQ) Earnings Yet As Shares Tumble 26%
Feb 16Financial Position Analysis
Short Term Liabilities: RELCHEMQ's short term assets (₹1.6B) do not cover its short term liabilities (₹1.6B).
Long Term Liabilities: RELCHEMQ's short term assets (₹1.6B) do not cover its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: RELCHEMQ's net debt to equity ratio (172.5%) is considered high.
Reducing Debt: RELCHEMQ's debt to equity ratio has increased from 122.3% to 210.2% over the past 5 years.
Debt Coverage: RELCHEMQ's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: RELCHEMQ's interest payments on its debt are not well covered by EBIT (1.8x coverage).