Archean Chemical Industries Balance Sheet Health
Financial Health criteria checks 6/6
Archean Chemical Industries has a total shareholder equity of ₹17.0B and total debt of ₹595.4M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are ₹20.6B and ₹3.5B respectively. Archean Chemical Industries's EBIT is ₹3.9B making its interest coverage ratio 82. It has cash and short-term investments of ₹4.0B.
Key information
3.5%
Debt to equity ratio
₹595.45m
Debt
Interest coverage ratio | 82x |
Cash | ₹3.95b |
Equity | ₹17.02b |
Total liabilities | ₹3.54b |
Total assets | ₹20.56b |
Recent financial health updates
No updates
Recent updates
Archean 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 (₹7.3B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: ACI's short term assets (₹7.3B) exceed its long term liabilities (₹2.2B).
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 1785.2% to 3.5% over the past 5 years.
Debt Coverage: ACI's debt is well covered by operating cash flow (637.1%).
Interest Coverage: ACI's interest payments on its debt are well covered by EBIT (82x coverage).