Khaitan Chemicals and Fertilizers Balance Sheet Health
Financial Health criteria checks 3/6
Khaitan Chemicals and Fertilizers has a total shareholder equity of ₹2.9B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 119.9%. Its total assets and total liabilities are ₹7.6B and ₹4.8B respectively. Khaitan Chemicals and Fertilizers's EBIT is ₹57.0M making its interest coverage ratio 0.2. It has cash and short-term investments of ₹244.1M.
Key information
119.9%
Debt to equity ratio
₹3.43b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₹244.14m |
| Equity | ₹2.86b |
| Total liabilities | ₹4.75b |
| Total assets | ₹7.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507794's short term assets (₹6.1B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: 507794's short term assets (₹6.1B) exceed its long term liabilities (₹374.2M).
Debt to Equity History and Analysis
Debt Level: 507794's net debt to equity ratio (111.4%) is considered high.
Reducing Debt: 507794's debt to equity ratio has reduced from 126.1% to 119.9% over the past 5 years.
Debt Coverage: 507794's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 507794's interest payments on its debt are not well covered by EBIT (0.2x coverage).