Polychem Balance Sheet Health
Financial Health criteria checks 5/6
Polychem has a total shareholder equity of ₹406.9M and total debt of ₹14.9M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹460.4M and ₹53.5M respectively. Polychem's EBIT is ₹61.6M making its interest coverage ratio 298.8. It has cash and short-term investments of ₹43.2M.
Key information
3.7%
Debt to equity ratio
₹14.90m
Debt
Interest coverage ratio | 298.8x |
Cash | ₹43.19m |
Equity | ₹406.91m |
Total liabilities | ₹53.48m |
Total assets | ₹460.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506605's short term assets (₹209.2M) exceed its short term liabilities (₹35.9M).
Long Term Liabilities: 506605's short term assets (₹209.2M) exceed its long term liabilities (₹17.6M).
Debt to Equity History and Analysis
Debt Level: 506605 has more cash than its total debt.
Reducing Debt: 506605's debt to equity ratio has increased from 0% to 3.7% over the past 5 years.
Debt Coverage: 506605's debt is well covered by operating cash flow (211%).
Interest Coverage: 506605's interest payments on its debt are well covered by EBIT (298.8x coverage).