Universal Starch-Chem Allied Balance Sheet Health
Financial Health criteria checks 3/6
Universal Starch-Chem Allied has a total shareholder equity of ₹598.3M and total debt of ₹706.4M, which brings its debt-to-equity ratio to 118.1%. Its total assets and total liabilities are ₹2.0B and ₹1.4B respectively. Universal Starch-Chem Allied's EBIT is ₹42.3M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹73.0M.
Key information
118.1%
Debt to equity ratio
₹706.41m
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹73.04m |
| Equity | ₹598.31m |
| Total liabilities | ₹1.41b |
| Total assets | ₹2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524408's short term assets (₹750.4M) do not cover its short term liabilities (₹981.4M).
Long Term Liabilities: 524408's short term assets (₹750.4M) exceed its long term liabilities (₹428.5M).
Debt to Equity History and Analysis
Debt Level: 524408's net debt to equity ratio (105.9%) is considered high.
Reducing Debt: 524408's debt to equity ratio has reduced from 170.3% to 118.1% over the past 5 years.
Debt Coverage: 524408's debt is well covered by operating cash flow (49.2%).
Interest Coverage: 524408's interest payments on its debt are not well covered by EBIT (0.5x coverage).