Oriental Aromatics Balance Sheet Health
Financial Health criteria checks 4/6
Oriental Aromatics has a total shareholder equity of ₹6.2B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are ₹9.4B and ₹3.2B respectively. Oriental Aromatics's EBIT is ₹156.4M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹99.7M.
Key information
35.2%
Debt to equity ratio
₹2.18b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹99.71m |
| Equity | ₹6.20b |
| Total liabilities | ₹3.20b |
| Total assets | ₹9.40b |
Recent financial health updates
Oriental Aromatics (NSE:OAL) Seems To Use Debt Quite Sensibly
Jun 11
Here's Why Oriental Aromatics (NSE:OAL) Can Manage Its Debt Responsibly
Jan 25Oriental Aromatics (NSE:OAL) Seems To Use Debt Rather Sparingly
Sep 02Oriental Aromatics (NSE:OAL) Seems To Use Debt Rather Sparingly
Mar 07These 4 Measures Indicate That Oriental Aromatics (NSE:OAL) Is Using Debt Reasonably Well
Nov 03Recent updates
Pinning Down Oriental Aromatics Limited's (NSE:OAL) P/S Is Difficult Right Now
Apr 05Investor Optimism Abounds Oriental Aromatics Limited (NSE:OAL) But Growth Is Lacking
Dec 28Returns On Capital Signal Tricky Times Ahead For Oriental Aromatics (NSE:OAL)
Apr 17Returns On Capital At Oriental Aromatics (NSE:OAL) Have Hit The Brakes
Jun 29Oriental Aromatics (NSE:OAL) Seems To Use Debt Quite Sensibly
Jun 11Here's Why Oriental Aromatics (NSE:OAL) Can Manage Its Debt Responsibly
Jan 25Oriental Aromatics' (NSE:OAL) Shareholders Will Receive A Smaller Dividend Than Last Year
Dec 02Oriental Aromatics (NSE:OAL) Seems To Use Debt Rather Sparingly
Sep 02Oriental Aromatics (NSE:OAL) Strong Profits May Be Masking Some Underlying Issues
May 17Is Oriental Aromatics Limited (NSE:OAL) A Smart Choice For Dividend Investors?
Apr 05Oriental Aromatics (NSE:OAL) Seems To Use Debt Rather Sparingly
Mar 07Does Oriental Aromatics (NSE:OAL) Deserve A Spot On Your Watchlist?
Feb 21Calculating The Fair Value Of Oriental Aromatics Limited (NSE:OAL)
Feb 07What Kind Of Investors Own Most Of Oriental Aromatics Limited (NSE:OAL)?
Jan 25
Did Business Growth Power Oriental Aromatics' (NSE:OAL) Share Price Gain of 202%?
Jan 12Should Oriental Aromatics Limited (NSE:OAL) Be Part Of Your Dividend Portfolio?
Dec 28Oriental Aromatics Limited's (NSE:OAL) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 13Is It Smart To Buy Oriental Aromatics Limited (NSE:OAL) Before It Goes Ex-Dividend?
Nov 28Here's Why I Think Oriental Aromatics (NSE:OAL) Might Deserve Your Attention Today
Nov 18These 4 Measures Indicate That Oriental Aromatics (NSE:OAL) Is Using Debt Reasonably Well
Nov 03Is Oriental Aromatics Limited's (NSE:OAL) Shareholder Ownership Skewed Towards Insiders?
Oct 19Cautious Investors Not Rewarding Oriental Aromatics Limited's (NSE:OAL) Performance Completely
Sep 29Oriental Aromatics Limited's (NSE:OAL) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Sep 15Is Oriental Aromatics Limited's (NSE:OAL) Latest Stock Performance A Reflection Of Its Financial Health?
Aug 30Financial Position Analysis
Short Term Liabilities: OAL's short term assets (₹5.7B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: OAL's short term assets (₹5.7B) exceed its long term liabilities (₹557.9M).
Debt to Equity History and Analysis
Debt Level: OAL's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: OAL's debt to equity ratio has reduced from 45.1% to 35.2% over the past 5 years.
Debt Coverage: OAL's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: OAL's interest payments on its debt are not well covered by EBIT (0.9x coverage).