Sudarshan Chemical Industries Financial Health
Financial Health criteria checks 3/6
Sudarshan Chemical Industries has a total shareholder equity of ₹8.3B and total debt of ₹8.2B, which brings its debt-to-equity ratio to 98.7%. Its total assets and total liabilities are ₹23.9B and ₹15.6B respectively. Sudarshan Chemical Industries's EBIT is ₹1.0B making its interest coverage ratio 2.4. It has cash and short-term investments of ₹294.1M.
Key information
98.7%
Debt to equity ratio
₹8.17b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹294.13m |
| Equity | ₹8.28b |
| Total liabilities | ₹15.64b |
| Total assets | ₹23.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506655's short term assets (₹11.6B) exceed its short term liabilities (₹9.9B).
Long Term Liabilities: 506655's short term assets (₹11.6B) exceed its long term liabilities (₹5.7B).
Debt to Equity History and Analysis
Debt Level: 506655's net debt to equity ratio (95.2%) is considered high.
Reducing Debt: 506655's debt to equity ratio has increased from 98.2% to 98.7% over the past 5 years.
Debt Coverage: 506655's debt is well covered by operating cash flow (35.1%).
Interest Coverage: 506655's interest payments on its debt are not well covered by EBIT (2.4x coverage).