Dhanalaxmi Roto Spinners Balance Sheet Health
Financial Health criteria checks 5/6
Dhanalaxmi Roto Spinners has a total shareholder equity of ₹422.1M and total debt of ₹9.5M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ₹672.5M and ₹250.4M respectively. Dhanalaxmi Roto Spinners's EBIT is ₹158.9M making its interest coverage ratio -18.3. It has cash and short-term investments of ₹30.5M.
Key information
2.2%
Debt to equity ratio
₹9.46m
Debt
Interest coverage ratio | -18.3x |
Cash | ₹30.49m |
Equity | ₹422.12m |
Total liabilities | ₹250.41m |
Total assets | ₹672.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521216's short term assets (₹605.3M) exceed its short term liabilities (₹243.9M).
Long Term Liabilities: 521216's short term assets (₹605.3M) exceed its long term liabilities (₹6.5M).
Debt to Equity History and Analysis
Debt Level: 521216 has more cash than its total debt.
Reducing Debt: 521216's debt to equity ratio has reduced from 9.8% to 2.2% over the past 5 years.
Debt Coverage: 521216's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 521216 earns more interest than it pays, so coverage of interest payments is not a concern.