Chembond Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Chembond Chemicals has a total shareholder equity of ₹3.8B and total debt of ₹86.4M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹4.7B and ₹848.1M respectively. Chembond Chemicals's EBIT is ₹418.9M making its interest coverage ratio -33. It has cash and short-term investments of ₹896.9M.
Key information
2.3%
Debt to equity ratio
₹86.42m
Debt
| Interest coverage ratio | -33x |
| Cash | ₹896.85m |
| Equity | ₹3.81b |
| Total liabilities | ₹848.07m |
| Total assets | ₹4.66b |
Recent financial health updates
No updates
Recent updates
Chembond Chemicals' (NSE:CHEMBOND) Promising Earnings May Rest On Soft Foundations
Jul 21
Market Cool On Chembond Chemicals Limited's (NSE:CHEMBOND) Earnings
May 28Should You Be Adding Chembond Chemicals (NSE:CHEMBOND) To Your Watchlist Today?
Dec 14Here'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 (₹2.6B) exceed its short term liabilities (₹825.1M).
Long Term Liabilities: CHEMBOND's short term assets (₹2.6B) exceed its long term liabilities (₹22.9M).
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 1.6% to 2.3% over the past 5 years.
Debt Coverage: CHEMBOND's debt is well covered by operating cash flow (226.5%).
Interest Coverage: CHEMBOND earns more interest than it pays, so coverage of interest payments is not a concern.