Divgi TorqTransfer Systems Balance Sheet Health
Financial Health criteria checks 6/6
Divgi TorqTransfer Systems has a total shareholder equity of ₹5.9B and total debt of ₹2.8M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ₹6.4B and ₹579.0M respectively. Divgi TorqTransfer Systems's EBIT is ₹248.2M making its interest coverage ratio -1.3. It has cash and short-term investments of ₹2.9B.
Key information
0.05%
Debt to equity ratio
₹2.75m
Debt
| Interest coverage ratio | -1.3x |
| Cash | ₹2.86b |
| Equity | ₹5.86b |
| Total liabilities | ₹579.03m |
| Total assets | ₹6.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543812's short term assets (₹3.8B) exceed its short term liabilities (₹509.9M).
Long Term Liabilities: 543812's short term assets (₹3.8B) exceed its long term liabilities (₹69.1M).
Debt to Equity History and Analysis
Debt Level: 543812 has more cash than its total debt.
Reducing Debt: 543812's debt to equity ratio has reduced from 11.7% to 0.05% over the past 5 years.
Debt Coverage: 543812's debt is well covered by operating cash flow (19746.2%).
Interest Coverage: 543812 earns more interest than it pays, so coverage of interest payments is not a concern.