DHP India Balance Sheet Health
Financial Health criteria checks 6/6
DHP India has a total shareholder equity of ₹1.9B and total debt of ₹33.7M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ₹2.1B and ₹106.4M respectively. DHP India's EBIT is ₹29.0M making its interest coverage ratio 1810.8. It has cash and short-term investments of ₹1.5B.
Key information
1.7%
Debt to equity ratio
₹33.72m
Debt
Interest coverage ratio | 1810.8x |
Cash | ₹1.47b |
Equity | ₹1.94b |
Total liabilities | ₹106.43m |
Total assets | ₹2.05b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531306's short term assets (₹1.8B) exceed its short term liabilities (₹77.3M).
Long Term Liabilities: 531306's short term assets (₹1.8B) exceed its long term liabilities (₹29.1M).
Debt to Equity History and Analysis
Debt Level: 531306 has more cash than its total debt.
Reducing Debt: 531306's debt to equity ratio has reduced from 3.8% to 1.7% over the past 5 years.
Debt Coverage: 531306's debt is well covered by operating cash flow (601.1%).
Interest Coverage: 531306's interest payments on its debt are well covered by EBIT (1810.8x coverage).