AksharChem (India) Balance Sheet Health
Financial Health criteria checks 4/6
AksharChem (India) has a total shareholder equity of ₹2.7B and total debt of ₹373.4M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ₹3.7B and ₹1.0B respectively.
Key information
14.1%
Debt to equity ratio
₹373.36m
Debt
Interest coverage ratio | n/a |
Cash | ₹22.60m |
Equity | ₹2.65b |
Total liabilities | ₹1.01b |
Total assets | ₹3.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524598's short term assets (₹1.2B) exceed its short term liabilities (₹650.4M).
Long Term Liabilities: 524598's short term assets (₹1.2B) exceed its long term liabilities (₹355.7M).
Debt to Equity History and Analysis
Debt Level: 524598's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: 524598's debt to equity ratio has increased from 0% to 14.1% over the past 5 years.
Debt Coverage: 524598's debt is well covered by operating cash flow (21.1%).
Interest Coverage: Insufficient data to determine if 524598's interest payments on its debt are well covered by EBIT.