Chemfab Alkalis Balance Sheet Health
Financial Health criteria checks 6/6
Chemfab Alkalis has a total shareholder equity of ₹3.7B and total debt of ₹206.2M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ₹4.5B and ₹734.9M respectively. Chemfab Alkalis's EBIT is ₹443.2M making its interest coverage ratio -976.2. It has cash and short-term investments of ₹631.7M.
Key information
5.5%
Debt to equity ratio
₹206.22m
Debt
| Interest coverage ratio | -976.2x |
| Cash | ₹631.67m |
| Equity | ₹3.74b |
| Total liabilities | ₹734.90m |
| Total assets | ₹4.47b |
Recent financial health updates
Does Chemfab Alkalis (NSE:CHEMFAB) Have A Healthy Balance Sheet?
Dec 20
Chemfab 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
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 (₹1.2B) exceed its short term liabilities (₹508.9M).
Long Term Liabilities: CHEMFAB's short term assets (₹1.2B) exceed its long term liabilities (₹226.0M).
Debt to Equity History and Analysis
Debt Level: CHEMFAB has more cash than its total debt.
Reducing Debt: CHEMFAB's debt to equity ratio has reduced from 12.6% to 5.5% over the past 5 years.
Debt Coverage: CHEMFAB's debt is well covered by operating cash flow (336.6%).
Interest Coverage: CHEMFAB earns more interest than it pays, so coverage of interest payments is not a concern.