Chaman Metallics Balance Sheet Health
Financial Health criteria checks 2/6
Chaman Metallics has a total shareholder equity of ₹896.4M and total debt of ₹1.3B, which brings its debt-to-equity ratio to 144.5%. Its total assets and total liabilities are ₹2.4B and ₹1.5B respectively. Chaman Metallics's EBIT is ₹159.5M making its interest coverage ratio 9.5. It has cash and short-term investments of ₹2.2M.
Key information
144.5%
Debt to equity ratio
₹1.30b
Debt
| Interest coverage ratio | 9.5x |
| Cash | ₹2.16m |
| Equity | ₹896.43m |
| Total liabilities | ₹1.52b |
| Total assets | ₹2.42b |
Recent financial health updates
No updates
Recent updates
Little Excitement Around Chaman Metallics Limited's (NSE:CMNL) Earnings As Shares Take 27% Pounding
May 26
Returns On Capital Are Showing Encouraging Signs At Chaman Metallics (NSE:CMNL)
Mar 13Chaman Metallics' (NSE:CMNL) Profits Appear To Have Quality Issues
Nov 16Even With A 31% Surge, Cautious Investors Are Not Rewarding Chaman Metallics Limited's (NSE:CMNL) Performance Completely
Sep 08Financial Position Analysis
Short Term Liabilities: CMNL's short term assets (₹450.0M) exceed its short term liabilities (₹301.3M).
Long Term Liabilities: CMNL's short term assets (₹450.0M) do not cover its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: CMNL's net debt to equity ratio (144.2%) is considered high.
Reducing Debt: CMNL's debt to equity ratio has increased from 27.9% to 144.5% over the past 5 years.
Debt Coverage: CMNL's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: CMNL's interest payments on its debt are well covered by EBIT (9.5x coverage).