Fairchem Organics Balance Sheet Health
Financial Health criteria checks 5/6
Fairchem Organics has a total shareholder equity of ₹2.9B and total debt of ₹73.2M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹3.3B and ₹443.8M respectively. Fairchem Organics's EBIT is ₹674.2M making its interest coverage ratio 18.4. It has cash and short-term investments of ₹84.0K.
Key information
2.5%
Debt to equity ratio
₹73.18m
Debt
| Interest coverage ratio | 18.4x |
| Cash | ₹84.00k |
| Equity | ₹2.90b |
| Total liabilities | ₹443.77m |
| Total assets | ₹3.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543252's short term assets (₹1.3B) exceed its short term liabilities (₹260.7M).
Long Term Liabilities: 543252's short term assets (₹1.3B) exceed its long term liabilities (₹183.1M).
Debt to Equity History and Analysis
Debt Level: 543252's net debt to equity ratio (2.5%) 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 (1017.8%).
Interest Coverage: 543252's interest payments on its debt are well covered by EBIT (18.4x coverage).