Dhanalaxmi Roto Spinners Balance Sheet Health
Financial Health criteria checks 5/6
Dhanalaxmi Roto Spinners has a total shareholder equity of ₹513.1M and total debt of ₹55.1M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are ₹801.7M and ₹288.6M respectively. Dhanalaxmi Roto Spinners's EBIT is ₹113.1M making its interest coverage ratio -6.1. It has cash and short-term investments of ₹461.8M.
Key information
10.7%
Debt to equity ratio
₹55.08m
Debt
| Interest coverage ratio | -6.1x |
| Cash | ₹461.76m |
| Equity | ₹513.15m |
| Total liabilities | ₹288.55m |
| Total assets | ₹801.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521216's short term assets (₹752.4M) exceed its short term liabilities (₹279.4M).
Long Term Liabilities: 521216's short term assets (₹752.4M) exceed its long term liabilities (₹9.1M).
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 increased from 2.2% to 10.7% over the past 5 years.
Debt Coverage: 521216's debt is well covered by operating cash flow (372.1%).
Interest Coverage: 521216 earns more interest than it pays, so coverage of interest payments is not a concern.