Deepak Builders & Engineers India Balance Sheet Health
Financial Health criteria checks 4/6
Deepak Builders & Engineers India has a total shareholder equity of ₹1.6B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 95.6%. Its total assets and total liabilities are ₹5.6B and ₹4.0B respectively. Deepak Builders & Engineers India's EBIT is ₹1.1B making its interest coverage ratio 5.8. It has cash and short-term investments of ₹870.0K.
Key information
95.6%
Debt to equity ratio
₹1.53b
Debt
| Interest coverage ratio | 5.8x |
| Cash | ₹870.00k |
| Equity | ₹1.60b |
| Total liabilities | ₹3.99b |
| Total assets | ₹5.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DBEIL's short term assets (₹3.8B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: DBEIL's short term assets (₹3.8B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: DBEIL's net debt to equity ratio (95.5%) is considered high.
Reducing Debt: DBEIL's debt to equity ratio has reduced from 291.6% to 95.6% over the past 5 years.
Debt Coverage: DBEIL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DBEIL's interest payments on its debt are well covered by EBIT (5.8x coverage).