Sudarshan Chemical Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sudarshan Chemical Industries has a total shareholder equity of ₹12.1B and total debt of ₹5.3B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are ₹26.1B and ₹14.0B respectively. Sudarshan Chemical Industries's EBIT is ₹2.2B making its interest coverage ratio 8.3. It has cash and short-term investments of ₹1.8B.
Key information
43.8%
Debt to equity ratio
₹5.31b
Debt
| Interest coverage ratio | 8.3x |
| Cash | ₹1.79b |
| Equity | ₹12.12b |
| Total liabilities | ₹14.01b |
| Total assets | ₹26.12b |
Recent financial health updates
Is Sudarshan Chemical Industries (NSE:SUDARSCHEM) Using Too Much Debt?
May 26
Sudarshan Chemical Industries (NSE:SUDARSCHEM) Seems To Use Debt Quite Sensibly
Dec 21Is Sudarshan Chemical Industries (NSE:SUDARSCHEM) Using Too Much Debt?
Jul 01Recent updates
Returns On Capital Signal Tricky Times Ahead For Sudarshan Chemical Industries (NSE:SUDARSCHEM)
Oct 27Investors Appear Satisfied With Sudarshan Chemical Industries Limited's (NSE:SUDARSCHEM) Prospects As Shares Rocket 26%
Oct 12Why We're Not Concerned About Sudarshan Chemical Industries Limited's (NSE:SUDARSCHEM) Share Price
Aug 22Is Now The Time To Put Sudarshan Chemical Industries (NSE:SUDARSCHEM) On Your Watchlist?
Aug 03Is There An Opportunity With Sudarshan Chemical Industries Limited's (NSE:SUDARSCHEM) 35% Undervaluation?
Jun 12Sudarshan Chemical Industries (NSE:SUDARSCHEM) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 25Sudarshan Chemical Industries Limited's (NSE:SUDARSCHEM) 33% Share Price Surge Not Quite Adding Up
May 22Sudarshan Chemical Industries (NSE:SUDARSCHEM) Might Be Having Difficulty Using Its Capital Effectively
Apr 24Does Sudarshan Chemical Industries (NSE:SUDARSCHEM) Deserve A Spot On Your Watchlist?
Feb 20Sudarshan Chemical Industries (NSE:SUDARSCHEM) Is Reducing Its Dividend To ₹1.50
Jul 23Is Sudarshan Chemical Industries (NSE:SUDARSCHEM) Using Too Much Debt?
May 26Sudarshan Chemical Industries' (NSE:SUDARSCHEM) Dividend Is Being Reduced To ₹5.00
Jul 21Sudarshan Chemical Industries (NSE:SUDARSCHEM) Seems To Use Debt Quite Sensibly
Dec 21Is Sudarshan Chemical Industries (NSE:SUDARSCHEM) Using Too Much Debt?
Jul 01Sudarshan Chemical Industries' (NSE:SUDARSCHEM) Anemic Earnings Might Be Worse Than You Think
Jun 03Is It Time To Consider Buying Sudarshan Chemical Industries Limited (NSE:SUDARSCHEM)?
May 27Here's What's Concerning About Sudarshan Chemical Industries' (NSE:SUDARSCHEM) Returns On Capital
Apr 20How Much Are Sudarshan Chemical Industries Limited (NSE:SUDARSCHEM) Insiders Taking Off The Table?
Mar 09Is There Now An Opportunity In Sudarshan Chemical Industries Limited (NSE:SUDARSCHEM)?
Feb 15Financial Position Analysis
Short Term Liabilities: SUDARSCHEM's short term assets (₹14.6B) exceed its short term liabilities (₹12.1B).
Long Term Liabilities: SUDARSCHEM's short term assets (₹14.6B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: SUDARSCHEM's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: SUDARSCHEM's debt to equity ratio has reduced from 68.2% to 43.8% over the past 5 years.
Debt Coverage: SUDARSCHEM's debt is well covered by operating cash flow (39.5%).
Interest Coverage: SUDARSCHEM's interest payments on its debt are well covered by EBIT (8.3x coverage).