Sadhana Nitro Chem Balance Sheet Health
Financial Health criteria checks 2/6
Sadhana Nitro Chem has a total shareholder equity of ₹2.3B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are ₹5.1B and ₹2.8B respectively. Sadhana Nitro Chem's EBIT is ₹292.8M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹134.5M.
Key information
77.0%
Debt to equity ratio
₹1.76b
Debt
Interest coverage ratio | 1.8x |
Cash | ₹134.50m |
Equity | ₹2.29b |
Total liabilities | ₹2.79b |
Total assets | ₹5.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506642's short term assets (₹2.9B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 506642's short term assets (₹2.9B) exceed its long term liabilities (₹616.5M).
Debt to Equity History and Analysis
Debt Level: 506642's net debt to equity ratio (71.2%) is considered high.
Reducing Debt: 506642's debt to equity ratio has increased from 14.6% to 77% over the past 5 years.
Debt Coverage: 506642's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 506642's interest payments on its debt are not well covered by EBIT (1.8x coverage).