Kemistar Balance Sheet Health
Financial Health criteria checks 3/6
Kemistar has a total shareholder equity of ₹180.1M and total debt of ₹83.7M, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are ₹302.0M and ₹122.0M respectively. Kemistar's EBIT is ₹11.6M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹15.4M.
Key information
46.5%
Debt to equity ratio
₹83.75m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹15.39m |
| Equity | ₹180.09m |
| Total liabilities | ₹121.95m |
| Total assets | ₹302.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531163's short term assets (₹82.0M) exceed its short term liabilities (₹41.6M).
Long Term Liabilities: 531163's short term assets (₹82.0M) exceed its long term liabilities (₹80.4M).
Debt to Equity History and Analysis
Debt Level: 531163's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: 531163's debt to equity ratio has increased from 14.2% to 46.5% over the past 5 years.
Debt Coverage: 531163's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531163's interest payments on its debt are not well covered by EBIT (2.5x coverage).