Bhatia Colour Chem Balance Sheet Health
Financial Health criteria checks 5/6
Bhatia Colour Chem has a total shareholder equity of ₹606.4M and total debt of ₹118.2M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are ₹980.6M and ₹374.1M respectively. Bhatia Colour Chem's EBIT is ₹66.3M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹10.8M.
Key information
19.5%
Debt to equity ratio
₹118.22m
Debt
Interest coverage ratio | 3.6x |
Cash | ₹10.77m |
Equity | ₹606.44m |
Total liabilities | ₹374.12m |
Total assets | ₹980.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543497's short term assets (₹968.4M) exceed its short term liabilities (₹259.4M).
Long Term Liabilities: 543497's short term assets (₹968.4M) exceed its long term liabilities (₹114.7M).
Debt to Equity History and Analysis
Debt Level: 543497's net debt to equity ratio (17.7%) 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 (156.3%).
Interest Coverage: 543497's interest payments on its debt are well covered by EBIT (3.6x coverage).