Chembond Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Chembond Chemicals has a total shareholder equity of ₹3.4B and total debt of ₹91.8M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹4.3B and ₹856.5M respectively. Chembond Chemicals's EBIT is ₹471.1M making its interest coverage ratio -178.7. It has cash and short-term investments of ₹701.6M.
Key information
2.7%
Debt to equity ratio
₹91.81m
Debt
Interest coverage ratio | -178.7x |
Cash | ₹701.64m |
Equity | ₹3.44b |
Total liabilities | ₹856.53m |
Total assets | ₹4.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530871's short term assets (₹2.4B) exceed its short term liabilities (₹775.0M).
Long Term Liabilities: 530871's short term assets (₹2.4B) exceed its long term liabilities (₹81.5M).
Debt to Equity History and Analysis
Debt Level: 530871 has more cash than its total debt.
Reducing Debt: 530871's debt to equity ratio has increased from 1.2% to 2.7% over the past 5 years.
Debt Coverage: 530871's debt is well covered by operating cash flow (200.9%).
Interest Coverage: 530871 earns more interest than it pays, so coverage of interest payments is not a concern.