Ishan Dyes and Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
Ishan Dyes and Chemicals has a total shareholder equity of ₹1.1B and total debt of ₹682.6M, which brings its debt-to-equity ratio to 65%. Its total assets and total liabilities are ₹2.0B and ₹915.1M respectively. Ishan Dyes and Chemicals's EBIT is ₹54.3M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹13.0M.
Key information
65.0%
Debt to equity ratio
₹682.63m
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹13.05m |
| Equity | ₹1.05b |
| Total liabilities | ₹915.08m |
| Total assets | ₹1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531109's short term assets (₹842.0M) exceed its short term liabilities (₹581.7M).
Long Term Liabilities: 531109's short term assets (₹842.0M) exceed its long term liabilities (₹333.4M).
Debt to Equity History and Analysis
Debt Level: 531109's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: 531109's debt to equity ratio has increased from 1.5% to 65% over the past 5 years.
Debt Coverage: 531109's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 531109's interest payments on its debt are well covered by EBIT (3.5x coverage).