Kemistar Balance Sheet Health
Financial Health criteria checks 5/6
Kemistar has a total shareholder equity of ₹176.4M and total debt of ₹44.7M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are ₹261.0M and ₹84.6M respectively. Kemistar's EBIT is ₹7.0M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹13.0M.
Key information
25.3%
Debt to equity ratio
₹44.70m
Debt
Interest coverage ratio | 3.3x |
Cash | ₹12.96m |
Equity | ₹176.43m |
Total liabilities | ₹84.58m |
Total assets | ₹261.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531163's short term assets (₹70.1M) exceed its short term liabilities (₹60.3M).
Long Term Liabilities: 531163's short term assets (₹70.1M) exceed its long term liabilities (₹24.3M).
Debt to Equity History and Analysis
Debt Level: 531163's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 531163's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 531163's debt is well covered by operating cash flow (82%).
Interest Coverage: 531163's interest payments on its debt are well covered by EBIT (3.3x coverage).