Kemistar Balance Sheet Health
Financial Health criteria checks 4/6
Kemistar has a total shareholder equity of ₹179.5M and total debt of ₹69.2M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are ₹286.7M and ₹107.2M respectively. Kemistar's EBIT is ₹9.5M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹15.7M.
Key information
38.6%
Debt to equity ratio
₹69.22m
Debt
Interest coverage ratio | 3.1x |
Cash | ₹15.70m |
Equity | ₹179.55m |
Total liabilities | ₹107.19m |
Total assets | ₹286.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531163's short term assets (₹76.1M) exceed its short term liabilities (₹50.4M).
Long Term Liabilities: 531163's short term assets (₹76.1M) exceed its long term liabilities (₹56.8M).
Debt to Equity History and Analysis
Debt Level: 531163's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: 531163's debt to equity ratio has increased from 13.6% to 38.6% over the past 5 years.
Debt Coverage: 531163's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 531163's interest payments on its debt are well covered by EBIT (3.1x coverage).