DEE Development Engineers Balance Sheet Health
Financial Health criteria checks 3/6
DEE Development Engineers has a total shareholder equity of ₹4.5B and total debt of ₹4.4B, which brings its debt-to-equity ratio to 97.2%. Its total assets and total liabilities are ₹12.1B and ₹7.6B respectively. DEE Development Engineers's EBIT is ₹574.4M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹351.8M.
Key information
97.2%
Debt to equity ratio
₹4.38b
Debt
Interest coverage ratio | 1.4x |
Cash | ₹351.82m |
Equity | ₹4.51b |
Total liabilities | ₹7.58b |
Total assets | ₹12.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544198's short term assets (₹7.1B) exceed its short term liabilities (₹6.3B).
Long Term Liabilities: 544198's short term assets (₹7.1B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 544198's net debt to equity ratio (89.4%) is considered high.
Reducing Debt: Insufficient data to determine if 544198's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544198's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 544198's interest payments on its debt are not well covered by EBIT (1.4x coverage).