Pondy Oxides And Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Pondy Oxides And Chemicals has a total shareholder equity of ₹3.9B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are ₹5.7B and ₹1.8B respectively. Pondy Oxides And Chemicals's EBIT is ₹801.9M making its interest coverage ratio 5.3. It has cash and short-term investments of ₹72.7M.
Key information
36.9%
Debt to equity ratio
₹1.45b
Debt
| Interest coverage ratio | 5.3x |
| Cash | ₹72.69m |
| Equity | ₹3.94b |
| Total liabilities | ₹1.77b |
| Total assets | ₹5.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532626's short term assets (₹3.4B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 532626's short term assets (₹3.4B) exceed its long term liabilities (₹37.5M).
Debt to Equity History and Analysis
Debt Level: 532626's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 532626's debt to equity ratio has reduced from 100% to 36.9% over the past 5 years.
Debt Coverage: 532626's debt is well covered by operating cash flow (47.1%).
Interest Coverage: 532626's interest payments on its debt are well covered by EBIT (5.3x coverage).