Diffusion Engineers Balance Sheet Health
Financial Health criteria checks 6/6
Diffusion Engineers has a total shareholder equity of ₹1.9B and total debt of ₹344.4M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are ₹2.8B and ₹845.7M respectively. Diffusion Engineers's EBIT is ₹353.0M making its interest coverage ratio 37.1. It has cash and short-term investments of ₹78.1M.
Key information
18.0%
Debt to equity ratio
₹344.35m
Debt
| Interest coverage ratio | 37.1x |
| Cash | ₹78.13m |
| Equity | ₹1.91b |
| Total liabilities | ₹845.66m |
| Total assets | ₹2.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIFFNKG's short term assets (₹1.5B) exceed its short term liabilities (₹783.2M).
Long Term Liabilities: DIFFNKG's short term assets (₹1.5B) exceed its long term liabilities (₹62.4M).
Debt to Equity History and Analysis
Debt Level: DIFFNKG's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: DIFFNKG's debt to equity ratio has reduced from 21.7% to 18% over the past 5 years.
Debt Coverage: DIFFNKG's debt is well covered by operating cash flow (113.5%).
Interest Coverage: DIFFNKG's interest payments on its debt are well covered by EBIT (37.1x coverage).