Bodal Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
Bodal Chemicals has a total shareholder equity of ₹10.7B and total debt of ₹8.2B, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are ₹21.8B and ₹11.1B respectively. Bodal Chemicals's EBIT is ₹431.2M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹81.5M.
Key information
76.2%
Debt to equity ratio
₹8.18b
Debt
Interest coverage ratio | 1.1x |
Cash | ₹81.46m |
Equity | ₹10.73b |
Total liabilities | ₹11.05b |
Total assets | ₹21.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524370's short term assets (₹8.0B) exceed its short term liabilities (₹6.1B).
Long Term Liabilities: 524370's short term assets (₹8.0B) exceed its long term liabilities (₹5.0B).
Debt to Equity History and Analysis
Debt Level: 524370's net debt to equity ratio (75.5%) is considered high.
Reducing Debt: 524370's debt to equity ratio has increased from 21.8% to 76.2% over the past 5 years.
Debt Coverage: 524370's debt is well covered by operating cash flow (25.2%).
Interest Coverage: 524370's interest payments on its debt are not well covered by EBIT (1.1x coverage).