Sadhana Nitro Chem Balance Sheet Health
Financial Health criteria checks 2/6
Sadhana Nitro Chem has a total shareholder equity of ₹2.3B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are ₹5.8B and ₹3.5B respectively. Sadhana Nitro Chem's EBIT is ₹234.5M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹82.6M.
Key information
110.5%
Debt to equity ratio
₹2.52b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹82.60m |
| Equity | ₹2.28b |
| Total liabilities | ₹3.47b |
| Total assets | ₹5.75b |
Recent financial health updates
Recent updates
Sadhana Nitro Chem Limited's (NSE:SADHNANIQ) 26% Share Price Plunge Could Signal Some Risk
Oct 14
Sadhana Nitro Chem (NSE:SADHNANIQ) Has Affirmed Its Dividend Of ₹0.15
Sep 05Revenues Tell The Story For Sadhana Nitro Chem Limited (NSE:SADHNANIQ) As Its Stock Soars 26%
Jul 17Sadhana Nitro Chem (NSE:SADHNANIQ) Takes On Some Risk With Its Use Of Debt
May 30What You Can Learn From Sadhana Nitro Chem Limited's (NSE:SADHNANIQ) P/S
Apr 04Financial Position Analysis
Short Term Liabilities: SADHNANIQ's short term assets (₹2.6B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: SADHNANIQ's short term assets (₹2.6B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: SADHNANIQ's net debt to equity ratio (106.8%) is considered high.
Reducing Debt: SADHNANIQ's debt to equity ratio has increased from 30.9% to 110.5% over the past 5 years.
Debt Coverage: SADHNANIQ's debt is not well covered by operating cash flow (13%).
Interest Coverage: SADHNANIQ's interest payments on its debt are not well covered by EBIT (1.5x coverage).