Danish Power Balance Sheet Health
Financial Health criteria checks 5/6
Danish Power has a total shareholder equity of ₹821.3M and total debt of ₹101.2M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are ₹1.6B and ₹776.5M respectively. Danish Power's EBIT is ₹534.1M making its interest coverage ratio 351.4. It has cash and short-term investments of ₹175.0M.
Key information
12.3%
Debt to equity ratio
₹101.16m
Debt
| Interest coverage ratio | 351.4x |
| Cash | ₹175.03m |
| Equity | ₹821.32m |
| Total liabilities | ₹776.48m |
| Total assets | ₹1.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DANISH's short term assets (₹1.2B) exceed its short term liabilities (₹693.8M).
Long Term Liabilities: DANISH's short term assets (₹1.2B) exceed its long term liabilities (₹82.6M).
Debt to Equity History and Analysis
Debt Level: DANISH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DANISH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DANISH's debt is well covered by operating cash flow (259.6%).
Interest Coverage: DANISH's interest payments on its debt are well covered by EBIT (351.4x coverage).