Dutron Polymers Balance Sheet Health
Financial Health criteria checks 6/6
Dutron Polymers has a total shareholder equity of ₹282.6M and total debt of ₹54.0M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are ₹413.7M and ₹131.1M respectively. Dutron Polymers's EBIT is ₹39.1M making its interest coverage ratio 9.5. It has cash and short-term investments of ₹16.6M.
Key information
19.1%
Debt to equity ratio
₹54.04m
Debt
| Interest coverage ratio | 9.5x |
| Cash | ₹16.63m |
| Equity | ₹282.63m |
| Total liabilities | ₹131.09m |
| Total assets | ₹413.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517437's short term assets (₹285.0M) exceed its short term liabilities (₹59.2M).
Long Term Liabilities: 517437's short term assets (₹285.0M) exceed its long term liabilities (₹71.9M).
Debt to Equity History and Analysis
Debt Level: 517437's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: 517437's debt to equity ratio has reduced from 91.8% to 19.1% over the past 5 years.
Debt Coverage: 517437's debt is well covered by operating cash flow (77.2%).
Interest Coverage: 517437's interest payments on its debt are well covered by EBIT (9.5x coverage).