Alkyl Amines Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Alkyl Amines Chemicals has a total shareholder equity of ₹11.9B and total debt of ₹935.3M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are ₹15.7B and ₹3.7B respectively. Alkyl Amines Chemicals's EBIT is ₹2.1B making its interest coverage ratio 67.1. It has cash and short-term investments of ₹154.5M.
Key information
7.8%
Debt to equity ratio
₹935.30m
Debt
Interest coverage ratio | 67.1x |
Cash | ₹154.50m |
Equity | ₹11.95b |
Total liabilities | ₹3.74b |
Total assets | ₹15.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506767's short term assets (₹4.1B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 506767's short term assets (₹4.1B) exceed its long term liabilities (₹798.6M).
Debt to Equity History and Analysis
Debt Level: 506767's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 506767's debt to equity ratio has reduced from 46.8% to 7.8% over the past 5 years.
Debt Coverage: 506767's debt is well covered by operating cash flow (237.4%).
Interest Coverage: 506767's interest payments on its debt are well covered by EBIT (67.1x coverage).