Dolfin Rubbers Balance Sheet Health
Financial Health criteria checks 5/6
Dolfin Rubbers has a total shareholder equity of ₹311.7M and total debt of ₹113.8M, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are ₹626.4M and ₹314.7M respectively. Dolfin Rubbers's EBIT is ₹75.6M making its interest coverage ratio 9.8. It has cash and short-term investments of ₹9.0M.
Key information
36.5%
Debt to equity ratio
₹113.76m
Debt
| Interest coverage ratio | 9.8x |
| Cash | ₹8.97m |
| Equity | ₹311.73m |
| Total liabilities | ₹314.69m |
| Total assets | ₹626.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542013's short term assets (₹353.8M) exceed its short term liabilities (₹173.0M).
Long Term Liabilities: 542013's short term assets (₹353.8M) exceed its long term liabilities (₹141.7M).
Debt to Equity History and Analysis
Debt Level: 542013's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 542013's debt to equity ratio has increased from 16.2% to 36.5% over the past 5 years.
Debt Coverage: 542013's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 542013's interest payments on its debt are well covered by EBIT (9.8x coverage).