Divgi TorqTransfer Systems Balance Sheet Health
Financial Health criteria checks 5/6
Divgi TorqTransfer Systems has a total shareholder equity of ₹5.6B and total debt of ₹21.5M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹6.5B and ₹912.8M respectively. Divgi TorqTransfer Systems's EBIT is ₹427.6M making its interest coverage ratio -6.5. It has cash and short-term investments of ₹2.7B.
Key information
0.4%
Debt to equity ratio
₹21.54m
Debt
| Interest coverage ratio | -6.5x |
| Cash | ₹2.70b |
| Equity | ₹5.62b |
| Total liabilities | ₹912.79m |
| Total assets | ₹6.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DIVGIITTS's short term assets (₹4.1B) exceed its short term liabilities (₹850.8M).
Long Term Liabilities: DIVGIITTS's short term assets (₹4.1B) exceed its long term liabilities (₹62.0M).
Debt to Equity History and Analysis
Debt Level: DIVGIITTS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DIVGIITTS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DIVGIITTS's debt is well covered by operating cash flow (1767.8%).
Interest Coverage: DIVGIITTS earns more interest than it pays, so coverage of interest payments is not a concern.