Oriental Carbon & Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Oriental Carbon & Chemicals has a total shareholder equity of ₹6.5B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are ₹8.6B and ₹2.2B respectively. Oriental Carbon & Chemicals's EBIT is ₹793.7M making its interest coverage ratio 9.8. It has cash and short-term investments of ₹1.2B.
Key information
20.0%
Debt to equity ratio
₹1.29b
Debt
Interest coverage ratio | 9.8x |
Cash | ₹1.24b |
Equity | ₹6.46b |
Total liabilities | ₹2.18b |
Total assets | ₹8.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506579's short term assets (₹2.8B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 506579's short term assets (₹2.8B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 506579's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 506579's debt to equity ratio has reduced from 31.5% to 20% over the past 5 years.
Debt Coverage: 506579's debt is well covered by operating cash flow (87.8%).
Interest Coverage: 506579's interest payments on its debt are well covered by EBIT (9.8x coverage).