Oriental Aromatics Balance Sheet Health
Financial Health criteria checks 5/6
Oriental Aromatics has a total shareholder equity of ₹6.6B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 37.9%. Its total assets and total liabilities are ₹10.7B and ₹4.1B respectively. Oriental Aromatics's EBIT is ₹658.1M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹190.4M.
Key information
37.9%
Debt to equity ratio
₹2.49b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹190.36m |
| Equity | ₹6.56b |
| Total liabilities | ₹4.13b |
| Total assets | ₹10.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500078's short term assets (₹5.6B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: 500078's short term assets (₹5.6B) exceed its long term liabilities (₹780.5M).
Debt to Equity History and Analysis
Debt Level: 500078's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 500078's debt to equity ratio has increased from 27.5% to 37.9% over the past 5 years.
Debt Coverage: 500078's debt is well covered by operating cash flow (47%).
Interest Coverage: 500078's interest payments on its debt are well covered by EBIT (3.4x coverage).