Deepak Chemtex Balance Sheet Health
Financial Health criteria checks 4/6
Deepak Chemtex has a total shareholder equity of ₹477.5M and total debt of ₹25.1M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are ₹670.4M and ₹193.0M respectively. Deepak Chemtex's EBIT is ₹108.4M making its interest coverage ratio -40.6. It has cash and short-term investments of ₹178.2M.
Key information
5.3%
Debt to equity ratio
₹25.09m
Debt
| Interest coverage ratio | -40.6x |
| Cash | ₹178.24m |
| Equity | ₹477.45m |
| Total liabilities | ₹192.96m |
| Total assets | ₹670.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544036's short term assets (₹558.9M) exceed its short term liabilities (₹180.1M).
Long Term Liabilities: 544036's short term assets (₹558.9M) exceed its long term liabilities (₹12.9M).
Debt to Equity History and Analysis
Debt Level: 544036 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 544036's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544036's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544036 earns more interest than it pays, so coverage of interest payments is not a concern.