Chemfab Alkalis Balance Sheet Health
Financial Health criteria checks 4/6
Chemfab Alkalis has a total shareholder equity of ₹3.9B and total debt of ₹792.3M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ₹5.3B and ₹1.5B respectively. Chemfab Alkalis's EBIT is ₹184.7M making its interest coverage ratio 20. It has cash and short-term investments of ₹27.9M.
Key information
20.5%
Debt to equity ratio
₹792.29m
Debt
| Interest coverage ratio | 20x |
| Cash | ₹27.90m |
| Equity | ₹3.86b |
| Total liabilities | ₹1.48b |
| Total assets | ₹5.34b |
Recent financial health updates
Chemfab Alkalis (NSE:CHEMFAB) Takes On Some Risk With Its Use Of Debt
Sep 24
Does Chemfab Alkalis (NSE:CHEMFAB) Have A Healthy Balance Sheet?
Dec 20Chemfab Alkalis (NSE:CHEMFAB) Has A Somewhat Strained Balance Sheet
Jan 18We Think Chemfab Alkalis (NSE:CHEMFAB) Is Taking Some Risk With Its Debt
Sep 09
Recent updates
Here's What's Concerning About Chemfab Alkalis' (NSE:CHEMFAB) Returns On Capital
Dec 07Earnings Troubles May Signal Larger Issues for Chemfab Alkalis (NSE:CHEMFAB) Shareholders
Nov 12Chemfab Alkalis (NSE:CHEMFAB) Takes On Some Risk With Its Use Of Debt
Sep 24Chemfab Alkalis Limited's (NSE:CHEMFAB) Shares Climb 42% But Its Business Is Yet to Catch Up
Jul 27Be Wary Of Chemfab Alkalis (NSE:CHEMFAB) And Its Returns On Capital
Jul 18Pinning Down Chemfab Alkalis Limited's (NSE:CHEMFAB) P/E Is Difficult Right Now
Jun 12Here's What's Concerning About Chemfab Alkalis' (NSE:CHEMFAB) Returns On Capital
Apr 04Market Might Still Lack Some Conviction On Chemfab Alkalis Limited (NSE:CHEMFAB) Even After 30% Share Price Boost
Feb 23Do Chemfab Alkalis' (NSE:CHEMFAB) Earnings Warrant Your Attention?
Jul 18Under The Bonnet, Chemfab Alkalis' (NSE:CHEMFAB) Returns Look Impressive
Feb 11Why We Like The Returns At Chemfab Alkalis (NSE:CHEMFAB)
Aug 30Be Wary Of Chemfab Alkalis (NSE:CHEMFAB) And Its Returns On Capital
May 10Some Investors May Be Worried About Chemfab Alkalis' (NSE:CHEMFAB) Returns On Capital
Feb 02Does Chemfab Alkalis (NSE:CHEMFAB) Have A Healthy Balance Sheet?
Dec 20Returns On Capital Are Showing Encouraging Signs At Chemfab Alkalis (NSE:CHEMFAB)
Sep 27Increases to CEO Compensation Might Be Put On Hold For Now at Chemfab Alkalis Limited (NSE:CHEMFAB)
Jul 28Chemfab Alkalis (NSE:CHEMFAB) Is Doing The Right Things To Multiply Its Share Price
Jun 11Could Chemfab Alkalis Limited (NSE:CHEMFAB) Have The Makings Of Another Dividend Aristocrat?
Apr 19Is Chemfab Alkalis (NSE:CHEMFAB) Likely To Turn Things Around?
Feb 25Chemfab Alkalis (NSE:CHEMFAB) Has A Somewhat Strained Balance Sheet
Jan 18Three Things You Should Check Before Buying Chemfab Alkalis Limited (NSE:CHEMFAB) For Its Dividend
Dec 23What Do The Returns On Capital At Chemfab Alkalis (NSE:CHEMFAB) Tell Us?
Nov 27Are Chemfab Alkalis's (NSE:CHEMFAB) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 01We Think Chemfab Alkalis (NSE:CHEMFAB) Is Taking Some Risk With Its Debt
Sep 09Here’s What’s Happening With Returns At Chemfab Alkalis (NSE:CHEMFAB)
Aug 03Is Chemfab Alkalis Limited (NSE:CHEMFAB) A Good Fit For Your Dividend Portfolio?
Jul 07Financial Position Analysis
Short Term Liabilities: CHEMFAB's short term assets (₹1.0B) exceed its short term liabilities (₹885.7M).
Long Term Liabilities: CHEMFAB's short term assets (₹1.0B) exceed its long term liabilities (₹594.9M).
Debt to Equity History and Analysis
Debt Level: CHEMFAB's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: CHEMFAB's debt to equity ratio has increased from 12.7% to 20.5% over the past 5 years.
Debt Coverage: CHEMFAB's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: CHEMFAB's interest payments on its debt are well covered by EBIT (20x coverage).