Caprolactam Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
Caprolactam Chemicals has a total shareholder equity of ₹55.8M and total debt of ₹57.0M, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are ₹121.0M and ₹65.1M respectively. Caprolactam Chemicals's EBIT is ₹6.6M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹784.0K.
Key information
102.1%
Debt to equity ratio
₹57.01m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹784.00k |
Equity | ₹55.85m |
Total liabilities | ₹65.15m |
Total assets | ₹121.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507486's short term assets (₹19.3M) do not cover its short term liabilities (₹50.6M).
Long Term Liabilities: 507486's short term assets (₹19.3M) exceed its long term liabilities (₹14.6M).
Debt to Equity History and Analysis
Debt Level: 507486's net debt to equity ratio (100.7%) is considered high.
Reducing Debt: 507486's debt to equity ratio has reduced from 238.5% to 102.1% over the past 5 years.
Debt Coverage: 507486's debt is well covered by operating cash flow (36.9%).
Interest Coverage: 507486's interest payments on its debt are not well covered by EBIT (1.3x coverage).