Himadri Speciality Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Himadri Speciality Chemical has a total shareholder equity of ₹34.2B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ₹44.8B and ₹10.6B respectively. Himadri Speciality Chemical's EBIT is ₹6.9B making its interest coverage ratio 41. It has cash and short-term investments of ₹5.8B.
Key information
10.0%
Debt to equity ratio
₹3.42b
Debt
| Interest coverage ratio | 41x |
| Cash | ₹5.80b |
| Equity | ₹34.20b |
| Total liabilities | ₹10.57b |
| Total assets | ₹44.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500184's short term assets (₹21.5B) exceed its short term liabilities (₹8.1B).
Long Term Liabilities: 500184's short term assets (₹21.5B) exceed its long term liabilities (₹2.5B).
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 23.5% to 10% over the past 5 years.
Debt Coverage: 500184's debt is well covered by operating cash flow (248%).
Interest Coverage: 500184's interest payments on its debt are well covered by EBIT (41x coverage).