Unilex Colours and Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
Unilex Colours and Chemicals has a total shareholder equity of ₹368.6M and total debt of ₹216.1M, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are ₹906.8M and ₹538.2M respectively. Unilex Colours and Chemicals's EBIT is ₹62.2M making its interest coverage ratio 9.7. It has cash and short-term investments of ₹43.7M.
Key information
58.6%
Debt to equity ratio
₹216.14m
Debt
| Interest coverage ratio | 9.7x |
| Cash | ₹43.66m |
| Equity | ₹368.60m |
| Total liabilities | ₹538.24m |
| Total assets | ₹906.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNILEX's short term assets (₹786.9M) exceed its short term liabilities (₹532.9M).
Long Term Liabilities: UNILEX's short term assets (₹786.9M) exceed its long term liabilities (₹5.4M).
Debt to Equity History and Analysis
Debt Level: UNILEX's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: Insufficient data to determine if UNILEX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: UNILEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: UNILEX's interest payments on its debt are well covered by EBIT (9.7x coverage).