Archean Chemical Industries Balance Sheet Health
Financial Health criteria checks 6/6
Archean Chemical Industries has a total shareholder equity of ₹17.6B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ₹21.6B and ₹3.9B respectively. Archean Chemical Industries's EBIT is ₹3.1B making its interest coverage ratio 63.3. It has cash and short-term investments of ₹4.6B.
Key information
6.6%
Debt to equity ratio
₹1.16b
Debt
| Interest coverage ratio | 63.3x |
| Cash | ₹4.64b |
| Equity | ₹17.64b |
| Total liabilities | ₹3.95b |
| Total assets | ₹21.58b |
Recent financial health updates
No updates
Recent updates
The Consensus EPS Estimates For Archean Chemical Industries Limited (NSE:ACI) Just Fell Dramatically
Nov 16
Archean Chemical Industries (NSE:ACI) Knows How To Allocate Capital Effectively
Jul 03Archean Chemical Industries Limited (NSE:ACI) Analysts Just Slashed This Year's Estimates
May 22Archean Chemical Industries Limited's (NSE:ACI) Shares Not Telling The Full Story
May 03Under The Bonnet, Archean Chemical Industries' (NSE:ACI) Returns Look Impressive
Mar 18Calculating The Fair Value Of Archean Chemical Industries Limited (NSE:ACI)
Feb 28We Like Archean Chemical Industries' (NSE:ACI) Returns And Here's How They're Trending
Nov 28Cautious Investors Not Rewarding Archean Chemical Industries Limited's (NSE:ACI) Performance Completely
Nov 06Financial Position Analysis
Short Term Liabilities: ACI's short term assets (₹7.6B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: ACI's short term assets (₹7.6B) exceed its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: ACI has more cash than its total debt.
Reducing Debt: ACI's debt to equity ratio has reduced from 3342.4% to 6.6% over the past 5 years.
Debt Coverage: ACI's debt is well covered by operating cash flow (210.8%).
Interest Coverage: ACI's interest payments on its debt are well covered by EBIT (63.3x coverage).