Sunshield Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Sunshield Chemicals has a total shareholder equity of ₹723.2M and total debt of ₹789.4M, which brings its debt-to-equity ratio to 109.2%. Its total assets and total liabilities are ₹2.0B and ₹1.2B respectively. Sunshield Chemicals's EBIT is ₹290.9M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹80.5M.
Key information
109.2%
Debt to equity ratio
₹789.40m
Debt
Interest coverage ratio | 4.1x |
Cash | ₹80.50m |
Equity | ₹723.20m |
Total liabilities | ₹1.23b |
Total assets | ₹1.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530845's short term assets (₹983.3M) exceed its short term liabilities (₹841.4M).
Long Term Liabilities: 530845's short term assets (₹983.3M) exceed its long term liabilities (₹392.7M).
Debt to Equity History and Analysis
Debt Level: 530845's net debt to equity ratio (98%) is considered high.
Reducing Debt: 530845's debt to equity ratio has reduced from 832.4% to 109.2% over the past 5 years.
Debt Coverage: 530845's debt is well covered by operating cash flow (46.9%).
Interest Coverage: 530845's interest payments on its debt are well covered by EBIT (4.1x coverage).