DMCC Speciality Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
DMCC Speciality Chemicals has a total shareholder equity of ₹2.0B and total debt of ₹713.5M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ₹3.8B and ₹1.8B respectively. DMCC Speciality Chemicals's EBIT is ₹291.1M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹35.3M.
Key information
35.0%
Debt to equity ratio
₹713.52m
Debt
Interest coverage ratio | 2.3x |
Cash | ₹35.34m |
Equity | ₹2.04b |
Total liabilities | ₹1.80b |
Total assets | ₹3.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506405's short term assets (₹1.2B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 506405's short term assets (₹1.2B) exceed its long term liabilities (₹636.1M).
Debt to Equity History and Analysis
Debt Level: 506405's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: 506405's debt to equity ratio has increased from 21.4% to 35% over the past 5 years.
Debt Coverage: 506405's debt is well covered by operating cash flow (73.9%).
Interest Coverage: 506405's interest payments on its debt are not well covered by EBIT (2.3x coverage).