Dhruv Consultancy Services Balance Sheet Health
Financial Health criteria checks 5/6
Dhruv Consultancy Services has a total shareholder equity of ₹998.7M and total debt of ₹144.9M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are ₹1.4B and ₹409.9M respectively. Dhruv Consultancy Services's EBIT is ₹87.0M making its interest coverage ratio 8.5. It has cash and short-term investments of ₹36.4M.
Key information
14.5%
Debt to equity ratio
₹144.88m
Debt
| Interest coverage ratio | 8.5x |
| Cash | ₹36.42m |
| Equity | ₹998.74m |
| Total liabilities | ₹409.89m |
| Total assets | ₹1.41b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Dhruv Consultancy Services (NSE:DHRUV) Is Using Debt Reasonably Well
Nov 14
Some Confidence Is Lacking In Dhruv Consultancy Services Limited's (NSE:DHRUV) P/E
Oct 14Risks To Shareholder Returns Are Elevated At These Prices For Dhruv Consultancy Services Limited (NSE:DHRUV)
Jun 29With EPS Growth And More, Dhruv Consultancy Services (NSE:DHRUV) Makes An Interesting Case
Mar 22The Market Lifts Dhruv Consultancy Services Limited (NSE:DHRUV) Shares 38% But It Can Do More
Feb 06Estimating The Intrinsic Value Of Dhruv Consultancy Services Limited (NSE:DHRUV)
Jun 09Dhruv Consultancy Services Limited's (NSE:DHRUV) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio
Dec 25Financial Position Analysis
Short Term Liabilities: DHRUV's short term assets (₹1.1B) exceed its short term liabilities (₹359.8M).
Long Term Liabilities: DHRUV's short term assets (₹1.1B) exceed its long term liabilities (₹50.1M).
Debt to Equity History and Analysis
Debt Level: DHRUV's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: DHRUV's debt to equity ratio has reduced from 20.1% to 14.5% over the past 5 years.
Debt Coverage: DHRUV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DHRUV's interest payments on its debt are well covered by EBIT (8.5x coverage).