Archean Chemical Industries Balance Sheet Health
Financial Health criteria checks 6/6
Archean Chemical Industries has a total shareholder equity of ₹15.7B and total debt of ₹644.4M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ₹18.8B and ₹3.1B respectively. Archean Chemical Industries's EBIT is ₹5.0B making its interest coverage ratio 161.7. It has cash and short-term investments of ₹3.9B.
Key information
4.1%
Debt to equity ratio
₹644.35m
Debt
Interest coverage ratio | 161.7x |
Cash | ₹3.86b |
Equity | ₹15.68b |
Total liabilities | ₹3.14b |
Total assets | ₹18.82b |
Recent financial health updates
No updates
Recent updates
Archean 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 (₹7.0B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: ACI's short term assets (₹7.0B) exceed its long term liabilities (₹1.5B).
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 3232% to 4.1% over the past 5 years.
Debt Coverage: ACI's debt is well covered by operating cash flow (659.1%).
Interest Coverage: ACI's interest payments on its debt are well covered by EBIT (161.7x coverage).