Universal Starch-Chem Allied Balance Sheet Health
Financial Health criteria checks 2/6
Universal Starch-Chem Allied has a total shareholder equity of ₹633.0M and total debt of ₹720.8M, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are ₹2.2B and ₹1.6B respectively. Universal Starch-Chem Allied's EBIT is ₹157.7M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹47.7M.
Key information
113.9%
Debt to equity ratio
₹720.85m
Debt
Interest coverage ratio | 2.5x |
Cash | ₹47.69m |
Equity | ₹632.99m |
Total liabilities | ₹1.60b |
Total assets | ₹2.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524408's short term assets (₹1.1B) do not cover its short term liabilities (₹1.2B).
Long Term Liabilities: 524408's short term assets (₹1.1B) exceed its long term liabilities (₹422.6M).
Debt to Equity History and Analysis
Debt Level: 524408's net debt to equity ratio (106.3%) is considered high.
Reducing Debt: 524408's debt to equity ratio has reduced from 238% to 113.9% over the past 5 years.
Debt Coverage: 524408's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: 524408's interest payments on its debt are not well covered by EBIT (2.5x coverage).