Reliance Chemotex Industries Balance Sheet Health
Financial Health criteria checks 0/6
Reliance Chemotex Industries has a total shareholder equity of ₹1.4B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 196.2%. Its total assets and total liabilities are ₹4.7B and ₹3.4B respectively. Reliance Chemotex Industries's EBIT is ₹151.7M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹228.1M.
Key information
196.2%
Debt to equity ratio
₹2.65b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹228.07m |
| Equity | ₹1.35b |
| Total liabilities | ₹3.40b |
| Total assets | ₹4.75b |
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 (₹1.5B) do not cover its short term liabilities (₹1.6B).
Long Term Liabilities: RELCHEMQ's short term assets (₹1.5B) do not cover its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: RELCHEMQ's net debt to equity ratio (179.3%) is considered high.
Reducing Debt: RELCHEMQ's debt to equity ratio has increased from 56.3% to 196.2% over the past 5 years.
Debt Coverage: RELCHEMQ's debt is not well covered by operating cash flow (7%).
Interest Coverage: RELCHEMQ's interest payments on its debt are not well covered by EBIT (1.4x coverage).