Amines & Plasticizers Balance Sheet Health
Financial Health criteria checks 6/6
Amines & Plasticizers has a total shareholder equity of ₹2.4B and total debt of ₹804.2M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are ₹4.2B and ₹1.8B respectively. Amines & Plasticizers's EBIT is ₹640.5M making its interest coverage ratio 7.8. It has cash and short-term investments of ₹369.7M.
Key information
34.1%
Debt to equity ratio
₹804.17m
Debt
| Interest coverage ratio | 7.8x |
| Cash | ₹369.70m |
| Equity | ₹2.36b |
| Total liabilities | ₹1.85b |
| Total assets | ₹4.20b |
Recent financial health updates
Recent updates
What Amines & Plasticizers Limited's (NSE:AMNPLST) 30% Share Price Gain Is Not Telling You
Aug 23
Does Amines & Plasticizers (NSE:AMNPLST) Have A Healthy Balance Sheet?
Jul 25Earnings Not Telling The Story For Amines & Plasticizers Limited (NSE:AMNPLST) After Shares Rise 30%
Jun 15What Amines & Plasticizers Limited's (NSE:AMNPLST) P/E Is Not Telling You
Apr 04Financial Position Analysis
Short Term Liabilities: AMNPLST's short term assets (₹3.3B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: AMNPLST's short term assets (₹3.3B) exceed its long term liabilities (₹323.3M).
Debt to Equity History and Analysis
Debt Level: AMNPLST's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: AMNPLST's debt to equity ratio has reduced from 99.7% to 34.1% over the past 5 years.
Debt Coverage: AMNPLST's debt is well covered by operating cash flow (56.4%).
Interest Coverage: AMNPLST's interest payments on its debt are well covered by EBIT (7.8x coverage).