Thirumalai Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
Thirumalai Chemicals has a total shareholder equity of ₹12.1B and total debt of ₹9.9B, which brings its debt-to-equity ratio to 81.4%. Its total assets and total liabilities are ₹28.8B and ₹16.6B respectively.
Key information
81.4%
Debt to equity ratio
₹9.87b
Debt
Interest coverage ratio | n/a |
Cash | ₹6.21b |
Equity | ₹12.13b |
Total liabilities | ₹16.63b |
Total assets | ₹28.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500412's short term assets (₹10.8B) exceed its short term liabilities (₹7.8B).
Long Term Liabilities: 500412's short term assets (₹10.8B) exceed its long term liabilities (₹8.8B).
Debt to Equity History and Analysis
Debt Level: 500412's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: 500412's debt to equity ratio has increased from 8.8% to 81.4% over the past 5 years.
Debt Coverage: 500412's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 500412's interest payments on its debt are well covered by EBIT.