Balaji Amines Balance Sheet Health
Financial Health criteria checks 6/6
Balaji Amines has a total shareholder equity of ₹17.7B and total debt of ₹439.4M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹19.9B and ₹2.2B respectively. Balaji Amines's EBIT is ₹2.8B making its interest coverage ratio 4615.7. It has cash and short-term investments of ₹3.4B.
Key information
2.5%
Debt to equity ratio
₹439.38m
Debt
| Interest coverage ratio | 4615.7x |
| Cash | ₹3.45b |
| Equity | ₹17.69b |
| Total liabilities | ₹2.20b |
| Total assets | ₹19.89b |
Recent financial health updates
Balaji Amines (NSE:BALAMINES) Seems To Use Debt Quite Sensibly
Dec 25
Is Balaji Amines (NSE:BALAMINES) A Risky Investment?
Jul 13We Think Balaji Amines (NSE:BALAMINES) Can Stay On Top Of Its Debt
Mar 28Is Balaji Amines (NSE:BALAMINES) Using Too Much Debt?
Sep 28Is Balaji Amines (NSE:BALAMINES) A Risky Investment?
Jun 25Balaji Amines (NSE:BALAMINES) Seems To Use Debt Quite Sensibly
Mar 23Recent updates
There Are Reasons To Feel Uneasy About Balaji Amines' (NSE:BALAMINES) Returns On Capital
Apr 05Downgrade: What You Need To Know About The Latest Balaji Amines Limited (NSE:BALAMINES) Forecasts
Feb 15Analysts Are More Bearish On Balaji Amines Limited (NSE:BALAMINES) Than They Used To Be
Nov 24Are Investors Undervaluing Balaji Amines Limited (NSE:BALAMINES) By 39%?
Jul 14Investors Shouldn't Overlook The Favourable Returns On Capital At Balaji Amines (NSE:BALAMINES)
Jun 22Balaji Amines' (NSE:BALAMINES) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 09Is Now The Time To Look At Buying Balaji Amines Limited (NSE:BALAMINES)?
Apr 05Investors Shouldn't Overlook Balaji Amines' (NSE:BALAMINES) Impressive Returns On Capital
Mar 15These Analysts Think Balaji Amines Limited's (NSE:BALAMINES) Sales Are Under Threat
Feb 15With EPS Growth And More, Balaji Amines (NSE:BALAMINES) Makes An Interesting Case
Feb 08Balaji Amines (NSE:BALAMINES) Seems To Use Debt Quite Sensibly
Dec 25Why The 42% Return On Capital At Balaji Amines (NSE:BALAMINES) Should Have Your Attention
Dec 02Should You Think About Buying Balaji Amines Limited (NSE:BALAMINES) Now?
Oct 14Does Balaji Amines (NSE:BALAMINES) Deserve A Spot On Your Watchlist?
Sep 27Is Balaji Amines (NSE:BALAMINES) A Risky Investment?
Jul 13Is There Now An Opportunity In Balaji Amines Limited (NSE:BALAMINES)?
Jun 16The Trend Of High Returns At Balaji Amines (NSE:BALAMINES) Has Us Very Interested
May 06Does Balaji Amines (NSE:BALAMINES) Deserve A Spot On Your Watchlist?
Apr 12We Think Balaji Amines (NSE:BALAMINES) Can Stay On Top Of Its Debt
Mar 28Should You Investigate Balaji Amines Limited (NSE:BALAMINES) At ₹2,901?
Mar 14Is Balaji Amines (NSE:BALAMINES) Using Too Much Debt?
Sep 28Does Balaji Amines (NSE:BALAMINES) Deserve A Spot On Your Watchlist?
Aug 23Is It Too Late To Consider Buying Balaji Amines Limited (NSE:BALAMINES)?
Jul 28Is Balaji Amines (NSE:BALAMINES) A Risky Investment?
Jun 25Here's Why I Think Balaji Amines (NSE:BALAMINES) Is An Interesting Stock
May 22Balaji Amines (NSE:BALAMINES) Might Become A Compounding Machine
May 01Balaji Amines (NSE:BALAMINES) Seems To Use Debt Quite Sensibly
Mar 23Do Insiders Own Lots Of Shares In Balaji Amines Limited (NSE:BALAMINES)?
Mar 10Is Balaji Amines Limited's (NSE:BALAMINES) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 23Could Balaji Amines Limited (NSE:BALAMINES) Have The Makings Of Another Dividend Aristocrat?
Feb 10Could Balaji Amines (NSE:BALAMINES) Multiply In Value?
Jan 28
Here's Why I Think Balaji Amines (NSE:BALAMINES) Is An Interesting Stock
Jan 15Should You Take Comfort From Insider Transactions At Balaji Amines Limited (NSE:BALAMINES)?
Jan 02Financial Position Analysis
Short Term Liabilities: BALAMINES's short term assets (₹9.7B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: BALAMINES's short term assets (₹9.7B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: BALAMINES has more cash than its total debt.
Reducing Debt: BALAMINES's debt to equity ratio has reduced from 37% to 2.5% over the past 5 years.
Debt Coverage: BALAMINES's debt is well covered by operating cash flow (811.9%).
Interest Coverage: BALAMINES's interest payments on its debt are well covered by EBIT (4615.7x coverage).