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 ratio | 8x |
| 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).