Sudarshan Chemical Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sudarshan Chemical Industries has a total shareholder equity of ₹11.5B and total debt of ₹4.4B, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are ₹23.6B and ₹12.1B respectively. Sudarshan Chemical Industries's EBIT is ₹1.9B making its interest coverage ratio 6. It has cash and short-term investments of ₹539.3M.
Key information
38.4%
Debt to equity ratio
₹4.41b
Debt
Interest coverage ratio | 6x |
Cash | ₹539.32m |
Equity | ₹11.49b |
Total liabilities | ₹12.06b |
Total assets | ₹23.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506655's short term assets (₹11.9B) exceed its short term liabilities (₹8.6B).
Long Term Liabilities: 506655's short term assets (₹11.9B) exceed its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: 506655's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: 506655's debt to equity ratio has reduced from 64.7% to 38.4% over the past 5 years.
Debt Coverage: 506655's debt is well covered by operating cash flow (43.9%).
Interest Coverage: 506655's interest payments on its debt are well covered by EBIT (6x coverage).