Privi Speciality Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
Privi Speciality Chemicals has a total shareholder equity of ₹9.4B and total debt of ₹9.8B, which brings its debt-to-equity ratio to 104.2%. Its total assets and total liabilities are ₹23.4B and ₹14.0B respectively. Privi Speciality Chemicals's EBIT is ₹2.0B making its interest coverage ratio 2.1. It has cash and short-term investments of ₹683.5M.
Key information
104.2%
Debt to equity ratio
₹9.81b
Debt
Interest coverage ratio | 2.1x |
Cash | ₹683.49m |
Equity | ₹9.41b |
Total liabilities | ₹14.01b |
Total assets | ₹23.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530117's short term assets (₹11.4B) exceed its short term liabilities (₹9.0B).
Long Term Liabilities: 530117's short term assets (₹11.4B) exceed its long term liabilities (₹5.1B).
Debt to Equity History and Analysis
Debt Level: 530117's net debt to equity ratio (97%) is considered high.
Reducing Debt: 530117's debt to equity ratio has increased from 85.3% to 104.2% over the past 5 years.
Debt Coverage: 530117's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 530117's interest payments on its debt are not well covered by EBIT (2.1x coverage).