Amines & Plasticizers Balance Sheet Health
Financial Health criteria checks 5/6
Amines & Plasticizers has a total shareholder equity of ₹2.0B and total debt of ₹825.3M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are ₹3.6B and ₹1.6B respectively. Amines & Plasticizers's EBIT is ₹560.2M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹126.0M.
Key information
41.9%
Debt to equity ratio
₹825.26m
Debt
Interest coverage ratio | 5.5x |
Cash | ₹126.04m |
Equity | ₹1.97b |
Total liabilities | ₹1.58b |
Total assets | ₹3.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506248's short term assets (₹2.7B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 506248's short term assets (₹2.7B) exceed its long term liabilities (₹307.1M).
Debt to Equity History and Analysis
Debt Level: 506248's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: 506248's debt to equity ratio has reduced from 92.1% to 41.9% over the past 5 years.
Debt Coverage: 506248's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: 506248's interest payments on its debt are well covered by EBIT (5.5x coverage).