Dynamatic Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Dynamatic Technologies has a total shareholder equity of ₹6.7B and total debt of ₹4.6B, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are ₹15.7B and ₹9.0B respectively. Dynamatic Technologies's EBIT is ₹930.5M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹614.1M.
Key information
68.6%
Debt to equity ratio
₹4.58b
Debt
Interest coverage ratio | 1.5x |
Cash | ₹614.10m |
Equity | ₹6.68b |
Total liabilities | ₹9.05b |
Total assets | ₹15.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505242's short term assets (₹7.5B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: 505242's short term assets (₹7.5B) exceed its long term liabilities (₹3.3B).
Debt to Equity History and Analysis
Debt Level: 505242's net debt to equity ratio (59.4%) is considered high.
Reducing Debt: 505242's debt to equity ratio has reduced from 201.7% to 68.6% over the past 5 years.
Debt Coverage: 505242's debt is well covered by operating cash flow (21.2%).
Interest Coverage: 505242's interest payments on its debt are not well covered by EBIT (1.5x coverage).