Sudarshan Chemical Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sudarshan Chemical Industries has a total shareholder equity of ₹11.0B and total debt of ₹6.4B, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are ₹24.4B and ₹13.3B respectively. Sudarshan Chemical Industries's EBIT is ₹1.6B making its interest coverage ratio 4.1. It has cash and short-term investments of ₹1.9B.
Key information
57.9%
Debt to equity ratio
₹6.38b
Debt
Interest coverage ratio | 4.1x |
Cash | ₹1.87b |
Equity | ₹11.02b |
Total liabilities | ₹13.34b |
Total assets | ₹24.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506655's short term assets (₹12.5B) exceed its short term liabilities (₹9.3B).
Long Term Liabilities: 506655's short term assets (₹12.5B) exceed its long term liabilities (₹4.0B).
Debt to Equity History and Analysis
Debt Level: 506655's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: 506655's debt to equity ratio has reduced from 71.5% to 57.9% over the past 5 years.
Debt Coverage: 506655's debt is well covered by operating cash flow (48.6%).
Interest Coverage: 506655's interest payments on its debt are well covered by EBIT (4.1x coverage).