Privi Speciality Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
Privi Speciality Chemicals has a total shareholder equity of ₹10.1B and total debt of ₹10.3B, which brings its debt-to-equity ratio to 101.9%. Its total assets and total liabilities are ₹24.6B and ₹14.5B respectively. Privi Speciality Chemicals's EBIT is ₹2.6B making its interest coverage ratio 2.8. It has cash and short-term investments of ₹262.5M.
Key information
101.9%
Debt to equity ratio
₹10.29b
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹262.45m |
| Equity | ₹10.09b |
| Total liabilities | ₹14.48b |
| Total assets | ₹24.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530117's short term assets (₹11.5B) exceed its short term liabilities (₹9.3B).
Long Term Liabilities: 530117's short term assets (₹11.5B) exceed its long term liabilities (₹5.2B).
Debt to Equity History and Analysis
Debt Level: 530117's net debt to equity ratio (99.3%) is considered high.
Reducing Debt: 530117's debt to equity ratio has increased from 74% to 101.9% over the past 5 years.
Debt Coverage: 530117's debt is well covered by operating cash flow (30.9%).
Interest Coverage: 530117's interest payments on its debt are not well covered by EBIT (2.8x coverage).