Donear Industries Balance Sheet Health
Financial Health criteria checks 4/6
Donear Industries has a total shareholder equity of ₹1.8B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 184.1%. Its total assets and total liabilities are ₹6.9B and ₹5.1B respectively. Donear Industries's EBIT is ₹623.8M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹129.2M.
Key information
184.1%
Debt to equity ratio
₹3.34b
Debt
Interest coverage ratio | 2.4x |
Cash | ₹129.23m |
Equity | ₹1.82b |
Total liabilities | ₹5.08b |
Total assets | ₹6.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512519's short term assets (₹5.8B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 512519's short term assets (₹5.8B) exceed its long term liabilities (₹486.3M).
Debt to Equity History and Analysis
Debt Level: 512519's net debt to equity ratio (177%) is considered high.
Reducing Debt: 512519's debt to equity ratio has reduced from 288.1% to 184.1% over the past 5 years.
Debt Coverage: 512519's debt is well covered by operating cash flow (24.3%).
Interest Coverage: 512519's interest payments on its debt are not well covered by EBIT (2.4x coverage).