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 ₹242.5M 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
Be Wary Of Divgi TorqTransfer Systems (NSE:DIVGIITTS) And Its Returns On Capital
Oct 12
Divgi TorqTransfer Systems (NSE:DIVGIITTS) Has Announced That Its Dividend Will Be Reduced To ₹2.60
Jul 13Divgi TorqTransfer Systems' (NSE:DIVGIITTS) Dividend Will Be Reduced To ₹2.60
Jun 28Divgi TorqTransfer Systems' (NSE:DIVGIITTS) Shareholders Have More To Worry About Than Only Soft Earnings
Jun 01Divgi TorqTransfer Systems Limited's (NSE:DIVGIITTS) Share Price Matching Investor Opinion
Mar 13Why Divgi TorqTransfer Systems' (NSE:DIVGIITTS) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 09Financial Position Analysis
Short Term Liabilities: DIVGIITTS's short term assets (₹3.8B) exceed its short term liabilities (₹509.9M).
Long Term Liabilities: DIVGIITTS's short term assets (₹3.8B) exceed its long term liabilities (₹69.1M).
Debt to Equity History and Analysis
Debt Level: DIVGIITTS has more cash than its total debt.
Reducing Debt: DIVGIITTS's debt to equity ratio has reduced from 11.7% to 0.05% over the past 5 years.
Debt Coverage: DIVGIITTS's debt is well covered by operating cash flow (19746.2%).
Interest Coverage: DIVGIITTS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 11:14 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Divgi TorqTransfer Systems Limited is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shirish Pardeshi | Centrum Broking Limited |
| Sameer Panke | Centrum Broking Limited |
| Himanshu Singh | Prabhudas Lilladher Pvt Ltd. |