Diamond Power Infrastructure Balance Sheet Health
Financial Health criteria checks 1/6
Diamond Power Infrastructure has a total shareholder equity of ₹-9.2B and total debt of ₹23.8B, which brings its debt-to-equity ratio to -257.4%. Its total assets and total liabilities are ₹16.7B and ₹25.9B respectively. Diamond Power Infrastructure's EBIT is ₹383.7M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹394.9M.
Key information
-257.4%
Debt to equity ratio
₹23.76b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹394.93m |
| Equity | -₹9.23b |
| Total liabilities | ₹25.95b |
| Total assets | ₹16.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522163 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 522163 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 522163 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 522163's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 522163's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: 522163's interest payments on its debt are well covered by EBIT (3.9x coverage).