Bhatia Colour Chem Balance Sheet Health
Financial Health criteria checks 5/6
Bhatia Colour Chem has a total shareholder equity of ₹646.4M and total debt of ₹76.8M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are ₹1.0B and ₹364.8M respectively. Bhatia Colour Chem's EBIT is ₹71.6M making its interest coverage ratio 4.7. It has cash and short-term investments of ₹59.8M.
Key information
11.9%
Debt to equity ratio
₹76.84m
Debt
| Interest coverage ratio | 4.7x |
| Cash | ₹59.85m |
| Equity | ₹646.41m |
| Total liabilities | ₹364.82m |
| Total assets | ₹1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543497's short term assets (₹996.7M) exceed its short term liabilities (₹336.4M).
Long Term Liabilities: 543497's short term assets (₹996.7M) exceed its long term liabilities (₹28.4M).
Debt to Equity History and Analysis
Debt Level: 543497's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543497's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543497's debt is well covered by operating cash flow (144.3%).
Interest Coverage: 543497's interest payments on its debt are well covered by EBIT (4.7x coverage).