Chemcon Speciality Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Chemcon Speciality Chemicals has a total shareholder equity of ₹4.8B and total debt of ₹427.4M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ₹5.5B and ₹688.3M respectively. Chemcon Speciality Chemicals's EBIT is ₹160.6M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹1.7B.
Key information
9.0%
Debt to equity ratio
₹427.40m
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹1.71b |
| Equity | ₹4.76b |
| Total liabilities | ₹688.34m |
| Total assets | ₹5.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543233's short term assets (₹3.5B) exceed its short term liabilities (₹637.0M).
Long Term Liabilities: 543233's short term assets (₹3.5B) exceed its long term liabilities (₹51.3M).
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 33.2% to 9% over the past 5 years.
Debt Coverage: 543233's debt is well covered by operating cash flow (28%).
Interest Coverage: 543233's interest payments on its debt are well covered by EBIT (4.2x coverage).