Dolfin Rubbers Balance Sheet Health
Financial Health criteria checks 4/6
Dolfin Rubbers has a total shareholder equity of ₹258.6M and total debt of ₹130.9M, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are ₹589.9M and ₹331.2M respectively. Dolfin Rubbers's EBIT is ₹67.5M making its interest coverage ratio 6.2. It has cash and short-term investments of ₹7.5M.
Key information
50.6%
Debt to equity ratio
₹130.91m
Debt
Interest coverage ratio | 6.2x |
Cash | ₹7.46m |
Equity | ₹258.64m |
Total liabilities | ₹331.23m |
Total assets | ₹589.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542013's short term assets (₹350.0M) exceed its short term liabilities (₹196.3M).
Long Term Liabilities: 542013's short term assets (₹350.0M) exceed its long term liabilities (₹134.9M).
Debt to Equity History and Analysis
Debt Level: 542013's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: 542013's debt to equity ratio has increased from 17.2% to 50.6% over the past 5 years.
Debt Coverage: 542013's debt is well covered by operating cash flow (31.7%).
Interest Coverage: 542013's interest payments on its debt are well covered by EBIT (6.2x coverage).