Chemcon Speciality Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Chemcon Speciality Chemicals has a total shareholder equity of ₹4.9B and total debt of ₹432.5M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ₹5.6B and ₹725.5M respectively. Chemcon Speciality Chemicals's EBIT is ₹167.2M making its interest coverage ratio -2. It has cash and short-term investments of ₹1.8B.
Key information
8.9%
Debt to equity ratio
₹432.46m
Debt
| Interest coverage ratio | -2x |
| Cash | ₹1.81b |
| Equity | ₹4.88b |
| Total liabilities | ₹725.54m |
| Total assets | ₹5.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543233's short term assets (₹3.7B) exceed its short term liabilities (₹673.4M).
Long Term Liabilities: 543233's short term assets (₹3.7B) exceed its long term liabilities (₹52.2M).
Debt to Equity History and Analysis
Debt Level: 543233 has more cash than its total debt.
Reducing Debt: 543233's debt to equity ratio has reduced from 32.4% to 8.9% over the past 5 years.
Debt Coverage: 543233's debt is well covered by operating cash flow (76.9%).
Interest Coverage: 543233 earns more interest than it pays, so coverage of interest payments is not a concern.