Balaji Amines Balance Sheet Health

Financial Health criteria checks 6/6

Balaji Amines has a total shareholder equity of ₹19.4B and total debt of ₹151.5M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹21.5B and ₹2.1B respectively. Balaji Amines's EBIT is ₹2.5B making its interest coverage ratio -13.2. It has cash and short-term investments of ₹3.2B.

Key information

0.8%

Debt to equity ratio

₹151.52m

Debt

Interest coverage ratio-13.2x
Cash₹3.17b
Equity₹19.45b
Total liabilities₹2.09b
Total assets₹21.53b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 530999's short term assets (₹9.4B) exceed its short term liabilities (₹1.1B).

Long Term Liabilities: 530999's short term assets (₹9.4B) 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 39.3% to 0.8% over the past 5 years.

Debt Coverage: 530999's debt is well covered by operating cash flow (2379.2%).

Interest Coverage: 530999 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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