Dutron Polymers Balance Sheet Health
Financial Health criteria checks 6/6
Dutron Polymers has a total shareholder equity of ₹266.9M and total debt of ₹84.3M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are ₹432.1M and ₹165.2M respectively. Dutron Polymers's EBIT is ₹48.8M making its interest coverage ratio 6.3. It has cash and short-term investments of ₹30.5M.
Key information
31.6%
Debt to equity ratio
₹84.26m
Debt
Interest coverage ratio | 6.3x |
Cash | ₹30.55m |
Equity | ₹266.90m |
Total liabilities | ₹165.21m |
Total assets | ₹432.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517437's short term assets (₹308.3M) exceed its short term liabilities (₹69.4M).
Long Term Liabilities: 517437's short term assets (₹308.3M) exceed its long term liabilities (₹95.8M).
Debt to Equity History and Analysis
Debt Level: 517437's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 517437's debt to equity ratio has reduced from 76% to 31.6% over the past 5 years.
Debt Coverage: 517437's debt is well covered by operating cash flow (122.5%).
Interest Coverage: 517437's interest payments on its debt are well covered by EBIT (6.3x coverage).