Dhanashree Electronics Balance Sheet Health
Financial Health criteria checks 3/6
Dhanashree Electronics has a total shareholder equity of ₹384.5M and total debt of ₹627.0M, which brings its debt-to-equity ratio to 163.1%. Its total assets and total liabilities are ₹1.2B and ₹851.8M respectively. Dhanashree Electronics's EBIT is ₹25.5M making its interest coverage ratio -1. It has cash and short-term investments of ₹1.4M.
Key information
163.1%
Debt to equity ratio
₹626.97m
Debt
| Interest coverage ratio | -1x |
| Cash | ₹1.35m |
| Equity | ₹384.49m |
| Total liabilities | ₹851.77m |
| Total assets | ₹1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542679's short term assets (₹1.1B) exceed its short term liabilities (₹404.1M).
Long Term Liabilities: 542679's short term assets (₹1.1B) exceed its long term liabilities (₹447.7M).
Debt to Equity History and Analysis
Debt Level: 542679's net debt to equity ratio (162.7%) is considered high.
Reducing Debt: 542679's debt to equity ratio has increased from 163% to 163.1% 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.