DEE Development Engineers Balance Sheet Health
Financial Health criteria checks 2/6
DEE Development Engineers has a total shareholder equity of ₹8.9B and total debt of ₹7.5B, which brings its debt-to-equity ratio to 84.5%. Its total assets and total liabilities are ₹19.2B and ₹10.3B respectively. DEE Development Engineers's EBIT is ₹1.4B making its interest coverage ratio 2.5. It has cash and short-term investments of ₹392.7M.
Key information
84.53%
Debt to equity ratio
₹7.53b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹392.68m |
| Equity | ₹8.90b |
| Total liabilities | ₹10.33b |
| Total assets | ₹19.24b |
Recent financial health updates
Does DEE Development Engineers (NSE:DEEDEV) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...DEE Development Engineers (NSE:DEEDEV) Has A Somewhat Strained Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Recent updates
Financial Position Analysis
Short Term Liabilities: DEEDEV's short term assets (₹11.6B) exceed its short term liabilities (₹8.7B).
Long Term Liabilities: DEEDEV's short term assets (₹11.6B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: DEEDEV's net debt to equity ratio (80.1%) is considered high.
Reducing Debt: DEEDEV's debt to equity ratio has increased from 56.6% to 84.5% over the past 5 years.
Debt Coverage: DEEDEV's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: DEEDEV's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/13 19:06 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
DEE Development Engineers Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.