Oriental Carbon & Chemicals Limited

BSE:506579 Stock Report

Market Cap: ₹2.6b

Oriental Carbon & Chemicals Balance Sheet Health

Financial Health criteria checks 6/6

Oriental Carbon & Chemicals has a total shareholder equity of ₹6.6B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are ₹9.0B and ₹2.3B respectively. Oriental Carbon & Chemicals's EBIT is ₹720.3M making its interest coverage ratio 8. It has cash and short-term investments of ₹1.3B.

Key information

20.9%

Debt to equity ratio

₹1.39b

Debt

Interest coverage ratio8x
Cash₹1.32b
Equity₹6.64b
Total liabilities₹2.32b
Total assets₹8.96b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 506579's short term assets (₹3.0B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: 506579's short term assets (₹3.0B) exceed its long term liabilities (₹978.6M).


Debt to Equity History and Analysis

Debt Level: 506579's net debt to equity ratio (1%) is considered satisfactory.

Reducing Debt: 506579's debt to equity ratio has reduced from 31.5% to 20.9% over the past 5 years.

Debt Coverage: 506579's debt is well covered by operating cash flow (70%).

Interest Coverage: 506579's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet


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