Oriental Aromatics Balance Sheet Health
Financial Health criteria checks 4/6
Oriental Aromatics has a total shareholder equity of ₹6.2B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are ₹9.4B and ₹3.2B respectively. Oriental Aromatics's EBIT is ₹156.4M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹99.7M.
Key information
35.2%
Debt to equity ratio
₹2.18b
Debt
Interest coverage ratio | 0.9x |
Cash | ₹99.71m |
Equity | ₹6.20b |
Total liabilities | ₹3.20b |
Total assets | ₹9.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500078's short term assets (₹5.7B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: 500078's short term assets (₹5.7B) exceed its long term liabilities (₹557.9M).
Debt to Equity History and Analysis
Debt Level: 500078's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 500078's debt to equity ratio has reduced from 45.1% to 35.2% over the past 5 years.
Debt Coverage: 500078's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 500078's interest payments on its debt are not well covered by EBIT (0.9x coverage).