Kothari Sugars and Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Kothari Sugars and Chemicals has a total shareholder equity of ₹2.8B and total debt of ₹190.7M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are ₹4.1B and ₹1.3B respectively. Kothari Sugars and Chemicals's EBIT is ₹577.5M making its interest coverage ratio 39.5. It has cash and short-term investments of ₹833.6M.
Key information
6.9%
Debt to equity ratio
₹190.68m
Debt
| Interest coverage ratio | 39.5x |
| Cash | ₹833.61m |
| Equity | ₹2.76b |
| Total liabilities | ₹1.31b |
| Total assets | ₹4.07b |
Recent financial health updates
Kothari Sugars and Chemicals (NSE:KOTARISUG) Has A Rock Solid Balance Sheet
Dec 20
These 4 Measures Indicate That Kothari Sugars and Chemicals (NSE:KOTARISUG) Is Using Debt Safely
Aug 04Does Kothari Sugars and Chemicals (NSE:KOTARISUG) Have A Healthy Balance Sheet?
Dec 28Kothari Sugars and Chemicals (NSE:KOTARISUG) Seems To Use Debt Quite Sensibly
Mar 09Is Kothari Sugars and Chemicals (NSE:KOTARISUG) Using Too Much Debt?
Dec 09Recent updates
Kothari Sugars and Chemicals Limited (NSE:KOTARISUG) Held Back By Insufficient Growth Even After Shares Climb 25%
Feb 21Kothari Sugars and Chemicals (NSE:KOTARISUG) Might Have The Makings Of A Multi-Bagger
Aug 17Returns Are Gaining Momentum At Kothari Sugars and Chemicals (NSE:KOTARISUG)
Mar 09Kothari Sugars and Chemicals (NSE:KOTARISUG) Has A Rock Solid Balance Sheet
Dec 20We Like Kothari Sugars and Chemicals' (NSE:KOTARISUG) Returns And Here's How They're Trending
Nov 05These 4 Measures Indicate That Kothari Sugars and Chemicals (NSE:KOTARISUG) Is Using Debt Safely
Aug 04The Returns At Kothari Sugars and Chemicals (NSE:KOTARISUG) Aren't Growing
May 19Returns On Capital At Kothari Sugars and Chemicals (NSE:KOTARISUG) Have Hit The Brakes
Feb 14Does Kothari Sugars and Chemicals (NSE:KOTARISUG) Have A Healthy Balance Sheet?
Dec 28Kothari Sugars and Chemicals (NSE:KOTARISUG) Is Looking To Continue Growing Its Returns On Capital
Nov 10Kothari Sugars and Chemicals (NSE:KOTARISUG) Is Experiencing Growth In Returns On Capital
Jun 06Calculating The Fair Value Of Kothari Sugars and Chemicals Limited (NSE:KOTARISUG)
May 11Kothari Sugars and Chemicals (NSE:KOTARISUG) Seems To Use Debt Quite Sensibly
Mar 09Here’s What’s Happening With Returns At Kothari Sugars and Chemicals (NSE:KOTARISUG)
Feb 02
Has Kothari Sugars and Chemicals Limited's (NSE:KOTARISUG) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jan 04Is Kothari Sugars and Chemicals (NSE:KOTARISUG) Using Too Much Debt?
Dec 09Financial Position Analysis
Short Term Liabilities: KOTARISUG's short term assets (₹2.3B) exceed its short term liabilities (₹972.4M).
Long Term Liabilities: KOTARISUG's short term assets (₹2.3B) exceed its long term liabilities (₹333.2M).
Debt to Equity History and Analysis
Debt Level: KOTARISUG has more cash than its total debt.
Reducing Debt: KOTARISUG's debt to equity ratio has reduced from 78.4% to 6.9% over the past 5 years.
Debt Coverage: KOTARISUG's debt is well covered by operating cash flow (389.3%).
Interest Coverage: KOTARISUG's interest payments on its debt are well covered by EBIT (39.5x coverage).