PCBL Chemical Balance Sheet Health
Financial Health criteria checks 2/6
PCBL Chemical has a total shareholder equity of ₹38.2B and total debt of ₹47.5B, which brings its debt-to-equity ratio to 124.3%. Its total assets and total liabilities are ₹117.4B and ₹79.2B respectively. PCBL Chemical's EBIT is ₹9.6B making its interest coverage ratio 2.7. It has cash and short-term investments of ₹3.0B.
Key information
124.3%
Debt to equity ratio
₹47.50b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹2.95b |
| Equity | ₹38.21b |
| Total liabilities | ₹79.23b |
| Total assets | ₹117.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506590's short term assets (₹34.0B) exceed its short term liabilities (₹32.9B).
Long Term Liabilities: 506590's short term assets (₹34.0B) do not cover its long term liabilities (₹46.3B).
Debt to Equity History and Analysis
Debt Level: 506590's net debt to equity ratio (116.6%) is considered high.
Reducing Debt: 506590's debt to equity ratio has increased from 33.1% to 124.3% over the past 5 years.
Debt Coverage: 506590's debt is well covered by operating cash flow (24.3%).
Interest Coverage: 506590's interest payments on its debt are not well covered by EBIT (2.7x coverage).