Styrenix Performance Materials Balance Sheet Health
Financial Health criteria checks 6/6
Styrenix Performance Materials has a total shareholder equity of ₹7.6B and total debt of ₹318.9M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ₹10.9B and ₹3.3B respectively. Styrenix Performance Materials's EBIT is ₹2.2B making its interest coverage ratio -90.9. It has cash and short-term investments of ₹1.3B.
Key information
4.2%
Debt to equity ratio
₹318.92m
Debt
| Interest coverage ratio | -90.9x |
| Cash | ₹1.34b |
| Equity | ₹7.61b |
| Total liabilities | ₹3.26b |
| Total assets | ₹10.88b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: STYRENIX's short term assets (₹7.5B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: STYRENIX's short term assets (₹7.5B) exceed its long term liabilities (₹634.7M).
Debt to Equity History and Analysis
Debt Level: STYRENIX has more cash than its total debt.
Reducing Debt: STYRENIX's debt to equity ratio has reduced from 30.6% to 4.2% over the past 5 years.
Debt Coverage: STYRENIX's debt is well covered by operating cash flow (833.7%).
Interest Coverage: STYRENIX earns more interest than it pays, so coverage of interest payments is not a concern.