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 ₹2.2B, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are ₹5.3B and ₹3.1B respectively. Sadhana Nitro Chem's EBIT is ₹301.2M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹137.8M.
Key information
97.4%
Debt to equity ratio
₹2.21b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹137.80m |
Equity | ₹2.27b |
Total liabilities | ₹3.05b |
Total assets | ₹5.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SADHNANIQ's short term assets (₹2.6B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: SADHNANIQ's short term assets (₹2.6B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: SADHNANIQ's net debt to equity ratio (91.3%) is considered high.
Reducing Debt: SADHNANIQ's debt to equity ratio has increased from 11.8% to 97.4% over the past 5 years.
Debt Coverage: SADHNANIQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SADHNANIQ's interest payments on its debt are not well covered by EBIT (1.7x coverage).