Styrenix Performance Materials Balance Sheet Health
Financial Health criteria checks 6/6
Styrenix Performance Materials has a total shareholder equity of ₹8.0B and total debt of ₹99.7M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹11.9B and ₹3.9B respectively. Styrenix Performance Materials's EBIT is ₹2.8B making its interest coverage ratio -117. It has cash and short-term investments of ₹564.1M.
Key information
1.2%
Debt to equity ratio
₹99.70m
Debt
| Interest coverage ratio | -117x |
| Cash | ₹564.10m |
| Equity | ₹8.05b |
| Total liabilities | ₹3.88b |
| Total assets | ₹11.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506222's short term assets (₹8.3B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: 506222's short term assets (₹8.3B) exceed its long term liabilities (₹555.4M).
Debt to Equity History and Analysis
Debt Level: 506222 has more cash than its total debt.
Reducing Debt: 506222's debt to equity ratio has reduced from 25.1% to 1.2% over the past 5 years.
Debt Coverage: 506222's debt is well covered by operating cash flow (1562.4%).
Interest Coverage: 506222 earns more interest than it pays, so coverage of interest payments is not a concern.