Fairchem Organics Balance Sheet Health
Financial Health criteria checks 5/6
Fairchem Organics has a total shareholder equity of ₹3.0B and total debt of ₹443.2M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are ₹3.8B and ₹847.3M respectively. Fairchem Organics's EBIT is ₹588.7M making its interest coverage ratio 17.5. It has cash and short-term investments of ₹1.3M.
Key information
14.9%
Debt to equity ratio
₹443.18m
Debt
| Interest coverage ratio | 17.5x |
| Cash | ₹1.27m |
| Equity | ₹2.98b |
| Total liabilities | ₹847.28m |
| Total assets | ₹3.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543252's short term assets (₹1.7B) exceed its short term liabilities (₹649.7M).
Long Term Liabilities: 543252's short term assets (₹1.7B) exceed its long term liabilities (₹197.6M).
Debt to Equity History and Analysis
Debt Level: 543252's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543252's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543252's debt is well covered by operating cash flow (56.9%).
Interest Coverage: 543252's interest payments on its debt are well covered by EBIT (17.5x coverage).