Dhanashree Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Dhanashree Electronics has a total shareholder equity of ₹394.1M and total debt of ₹594.6M, which brings its debt-to-equity ratio to 150.9%. Its total assets and total liabilities are ₹1.3B and ₹861.1M respectively. Dhanashree Electronics's EBIT is ₹31.6M making its interest coverage ratio -2.1. It has cash and short-term investments of ₹1.6M.
Key information
150.9%
Debt to equity ratio
₹594.62m
Debt
| Interest coverage ratio | -2.1x |
| Cash | ₹1.65m |
| Equity | ₹394.06m |
| Total liabilities | ₹861.12m |
| Total assets | ₹1.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542679's short term assets (₹1.2B) exceed its short term liabilities (₹420.2M).
Long Term Liabilities: 542679's short term assets (₹1.2B) exceed its long term liabilities (₹440.9M).
Debt to Equity History and Analysis
Debt Level: 542679's net debt to equity ratio (150.5%) is considered high.
Reducing Debt: 542679's debt to equity ratio has reduced from 153.3% to 150.9% over the past 5 years.
Debt Coverage: 542679's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542679 earns more interest than it pays, so coverage of interest payments is not a concern.