Amines & Plasticizers Balance Sheet Health
Financial Health criteria checks 6/6
Amines & Plasticizers has a total shareholder equity of ₹2.4B and total debt of ₹804.2M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are ₹4.2B and ₹1.8B respectively. Amines & Plasticizers's EBIT is ₹647.9M making its interest coverage ratio 7.9. It has cash and short-term investments of ₹369.7M.
Key information
34.1%
Debt to equity ratio
₹804.17m
Debt
| Interest coverage ratio | 7.9x |
| Cash | ₹369.70m |
| Equity | ₹2.36b |
| Total liabilities | ₹1.85b |
| Total assets | ₹4.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506248's short term assets (₹3.3B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 506248's short term assets (₹3.3B) exceed its long term liabilities (₹323.3M).
Debt to Equity History and Analysis
Debt Level: 506248's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: 506248's debt to equity ratio has reduced from 99.7% to 34.1% over the past 5 years.
Debt Coverage: 506248's debt is well covered by operating cash flow (56.4%).
Interest Coverage: 506248's interest payments on its debt are well covered by EBIT (7.9x coverage).