Diamines and Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Diamines and Chemicals has a total shareholder equity of ₹1.6B and total debt of ₹44.3M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹1.8B and ₹218.9M respectively. Diamines and Chemicals's EBIT is ₹79.2M making its interest coverage ratio -3.4. It has cash and short-term investments of ₹448.5M.
Key information
2.7%
Debt to equity ratio
₹44.31m
Debt
| Interest coverage ratio | -3.4x |
| Cash | ₹448.49m |
| Equity | ₹1.63b |
| Total liabilities | ₹218.89m |
| Total assets | ₹1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500120's short term assets (₹930.2M) exceed its short term liabilities (₹165.5M).
Long Term Liabilities: 500120's short term assets (₹930.2M) exceed its long term liabilities (₹53.4M).
Debt to Equity History and Analysis
Debt Level: 500120 has more cash than its total debt.
Reducing Debt: 500120's debt to equity ratio has increased from 0% to 2.7% over the past 5 years.
Debt Coverage: 500120's debt is well covered by operating cash flow (210.5%).
Interest Coverage: 500120 earns more interest than it pays, so coverage of interest payments is not a concern.