Himadri Speciality Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Himadri Speciality Chemical has a total shareholder equity of ₹30.4B and total debt of ₹6.0B, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are ₹44.5B and ₹14.1B respectively. Himadri Speciality Chemical's EBIT is ₹6.0B making its interest coverage ratio 9.5. It has cash and short-term investments of ₹7.3B.
Key information
19.7%
Debt to equity ratio
₹6.00b
Debt
Interest coverage ratio | 9.5x |
Cash | ₹7.32b |
Equity | ₹30.43b |
Total liabilities | ₹14.06b |
Total assets | ₹44.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500184's short term assets (₹23.1B) exceed its short term liabilities (₹12.0B).
Long Term Liabilities: 500184's short term assets (₹23.1B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 500184 has more cash than its total debt.
Reducing Debt: 500184's debt to equity ratio has reduced from 29.2% to 19.7% over the past 5 years.
Debt Coverage: 500184's debt is well covered by operating cash flow (67.4%).
Interest Coverage: 500184's interest payments on its debt are well covered by EBIT (9.5x coverage).