Diamines and Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Diamines and Chemicals has a total shareholder equity of ₹1.4B and total debt of ₹1.8M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹1.6B and ₹152.9M respectively. Diamines and Chemicals's EBIT is ₹294.1M making its interest coverage ratio -14.1. It has cash and short-term investments of ₹229.4M.
Key information
0.1%
Debt to equity ratio
₹1.80m
Debt
Interest coverage ratio | -14.1x |
Cash | ₹229.43m |
Equity | ₹1.43b |
Total liabilities | ₹152.90m |
Total assets | ₹1.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500120's short term assets (₹707.2M) exceed its short term liabilities (₹111.8M).
Long Term Liabilities: 500120's short term assets (₹707.2M) exceed its long term liabilities (₹41.1M).
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 reduced from 1.8% to 0.1% over the past 5 years.
Debt Coverage: 500120's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500120 earns more interest than it pays, so coverage of interest payments is not a concern.