Chembond Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Chembond Chemicals has a total shareholder equity of ₹3.4B and total debt of ₹91.8M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹4.3B and ₹856.5M respectively. Chembond Chemicals's EBIT is ₹471.1M making its interest coverage ratio -178.7. It has cash and short-term investments of ₹701.6M.
Key information
2.7%
Debt to equity ratio
₹91.81m
Debt
| Interest coverage ratio | -178.7x |
| Cash | ₹701.64m |
| Equity | ₹3.44b |
| Total liabilities | ₹856.53m |
| Total assets | ₹4.30b |
Recent financial health updates
No updates
Recent updates
Should You Be Adding Chembond Chemicals (NSE:CHEMBOND) To Your Watchlist Today?
Dec 14
Here's What To Make Of Chembond Chemicals' (NSE:CHEMBOND) Decelerating Rates Of Return
Jan 20A Look At The Intrinsic Value Of Chembond Chemicals Limited (NSE:CHEMBOND)
Nov 19Robust Earnings May Not Tell The Whole Story For Chembond Chemicals (NSE:CHEMBOND)
Jul 06Earnings Not Telling The Story For Chembond Chemicals Limited (NSE:CHEMBOND)
May 26Is Chembond Chemicals (NSE:CHEMBOND) Likely To Turn Things Around?
Mar 08Chembond Chemicals Limited (NSE:CHEMBOND) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Jan 14Read This Before Selling Chembond Chemicals Limited (NSE:CHEMBOND) Shares
Dec 19
Should You Be Impressed By Chembond Chemicals' (NSE:CHEMBOND) Returns on Capital?
Nov 18Are Dividend Investors Making A Mistake With Chembond Chemicals Limited (NSE:CHEMBOND)?
Oct 14How Much Are Chembond Chemicals Limited (NSE:CHEMBOND) Insiders Spending On Buying Shares?
Aug 22Financial Position Analysis
Short Term Liabilities: CHEMBOND's short term assets (₹2.4B) exceed its short term liabilities (₹775.0M).
Long Term Liabilities: CHEMBOND's short term assets (₹2.4B) exceed its long term liabilities (₹81.5M).
Debt to Equity History and Analysis
Debt Level: CHEMBOND has more cash than its total debt.
Reducing Debt: CHEMBOND's debt to equity ratio has increased from 1.2% to 2.7% over the past 5 years.
Debt Coverage: CHEMBOND's debt is well covered by operating cash flow (200.9%).
Interest Coverage: CHEMBOND earns more interest than it pays, so coverage of interest payments is not a concern.