DOMS Industries Balance Sheet Health
Financial Health criteria checks 4/6
DOMS Industries has a total shareholder equity of ₹4.2B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are ₹6.4B and ₹2.8B respectively. DOMS Industries's EBIT is ₹2.1B making its interest coverage ratio 15.2. It has cash and short-term investments of ₹487.0M.
Key information
53.2%
Debt to equity ratio
₹2.24b
Debt
Interest coverage ratio | 15.2x |
Cash | ₹486.96m |
Equity | ₹4.22b |
Total liabilities | ₹2.84b |
Total assets | ₹6.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DOMS's short term assets (₹2.8B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: DOMS's short term assets (₹2.8B) exceed its long term liabilities (₹545.4M).
Debt to Equity History and Analysis
Debt Level: DOMS's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: Insufficient data to determine if DOMS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DOMS's debt is well covered by operating cash flow (77.2%).
Interest Coverage: DOMS's interest payments on its debt are well covered by EBIT (15.2x coverage).