Shri Dinesh Mills Balance Sheet Health
Financial Health criteria checks 3/6
Shri Dinesh Mills has a total shareholder equity of ₹1.7B and total debt of ₹160.8M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are ₹2.3B and ₹572.1M respectively. Shri Dinesh Mills's EBIT is ₹20.9M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹1.2B.
Key information
9.4%
Debt to equity ratio
₹160.78m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹1.17b |
| Equity | ₹1.70b |
| Total liabilities | ₹572.09m |
| Total assets | ₹2.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503804's short term assets (₹1.6B) exceed its short term liabilities (₹314.4M).
Long Term Liabilities: 503804's short term assets (₹1.6B) exceed its long term liabilities (₹257.7M).
Debt to Equity History and Analysis
Debt Level: 503804 has more cash than its total debt.
Reducing Debt: 503804's debt to equity ratio has increased from 7.9% to 9.4% over the past 5 years.
Debt Coverage: 503804's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 503804's interest payments on its debt are not well covered by EBIT (1.4x coverage).