Pondy Oxides And Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
Pondy Oxides And Chemicals has a total shareholder equity of ₹2.7B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 76.3%. Its total assets and total liabilities are ₹5.0B and ₹2.3B respectively. Pondy Oxides And Chemicals's EBIT is ₹623.3M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹9.7M.
Key information
76.3%
Debt to equity ratio
₹2.05b
Debt
Interest coverage ratio | 3.6x |
Cash | ₹9.67m |
Equity | ₹2.69b |
Total liabilities | ₹2.30b |
Total assets | ₹4.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532626's short term assets (₹3.2B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 532626's short term assets (₹3.2B) exceed its long term liabilities (₹128.0M).
Debt to Equity History and Analysis
Debt Level: 532626's net debt to equity ratio (75.9%) is considered high.
Reducing Debt: 532626's debt to equity ratio has reduced from 106.4% to 76.3% over the past 5 years.
Debt Coverage: 532626's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532626's interest payments on its debt are well covered by EBIT (3.6x coverage).