Balaji Amines Balance Sheet Health
Financial Health criteria checks 6/6
Balaji Amines has a total shareholder equity of ₹18.9B and total debt of ₹197.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹21.5B and ₹2.5B respectively. Balaji Amines's EBIT is ₹2.5B making its interest coverage ratio -13.4. It has cash and short-term investments of ₹3.3B.
Key information
1.0%
Debt to equity ratio
₹196.97m
Debt
| Interest coverage ratio | -13.4x |
| Cash | ₹3.31b |
| Equity | ₹18.93b |
| Total liabilities | ₹2.53b |
| Total assets | ₹21.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530999's short term assets (₹10.0B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 530999's short term assets (₹10.0B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 530999 has more cash than its total debt.
Reducing Debt: 530999's debt to equity ratio has reduced from 38.5% to 1% over the past 5 years.
Debt Coverage: 530999's debt is well covered by operating cash flow (1138.3%).
Interest Coverage: 530999 earns more interest than it pays, so coverage of interest payments is not a concern.