Balaji Amines Balance Sheet Health
Financial Health criteria checks 6/6
Balaji Amines has a total shareholder equity of ₹17.7B and total debt of ₹439.4M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹19.9B and ₹2.2B respectively. Balaji Amines's EBIT is ₹2.8B making its interest coverage ratio 4615.7. It has cash and short-term investments of ₹3.4B.
Key information
2.5%
Debt to equity ratio
₹439.38m
Debt
Interest coverage ratio | 4615.7x |
Cash | ₹3.45b |
Equity | ₹17.69b |
Total liabilities | ₹2.20b |
Total assets | ₹19.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530999's short term assets (₹9.7B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 530999's short term assets (₹9.7B) 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 37% to 2.5% over the past 5 years.
Debt Coverage: 530999's debt is well covered by operating cash flow (811.9%).
Interest Coverage: 530999's interest payments on its debt are well covered by EBIT (4615.7x coverage).