Duncan Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Duncan Engineering has a total shareholder equity of ₹496.6M and total debt of ₹11.3M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹636.0M and ₹139.4M respectively. Duncan Engineering's EBIT is ₹78.3M making its interest coverage ratio -10.6. It has cash and short-term investments of ₹296.4M.
Key information
2.3%
Debt to equity ratio
₹11.30m
Debt
Interest coverage ratio | -10.6x |
Cash | ₹296.36m |
Equity | ₹496.62m |
Total liabilities | ₹139.37m |
Total assets | ₹635.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504908's short term assets (₹472.7M) exceed its short term liabilities (₹121.7M).
Long Term Liabilities: 504908's short term assets (₹472.7M) exceed its long term liabilities (₹17.6M).
Debt to Equity History and Analysis
Debt Level: 504908 has more cash than its total debt.
Reducing Debt: 504908's debt to equity ratio has reduced from 41% to 2.3% over the past 5 years.
Debt Coverage: 504908's debt is well covered by operating cash flow (938.6%).
Interest Coverage: 504908 earns more interest than it pays, so coverage of interest payments is not a concern.