Donear Industries Balance Sheet Health
Financial Health criteria checks 3/6
Donear Industries has a total shareholder equity of ₹2.2B and total debt of ₹3.9B, which brings its debt-to-equity ratio to 174.9%. Its total assets and total liabilities are ₹8.0B and ₹5.7B respectively. Donear Industries's EBIT is ₹806.7M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹105.8M.
Key information
174.9%
Debt to equity ratio
₹3.92b
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹105.80m |
| Equity | ₹2.24b |
| Total liabilities | ₹5.74b |
| Total assets | ₹7.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512519's short term assets (₹6.7B) exceed its short term liabilities (₹5.3B).
Long Term Liabilities: 512519's short term assets (₹6.7B) exceed its long term liabilities (₹440.0M).
Debt to Equity History and Analysis
Debt Level: 512519's net debt to equity ratio (170.2%) is considered high.
Reducing Debt: 512519's debt to equity ratio has reduced from 276.4% to 174.9% over the past 5 years.
Debt Coverage: 512519's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: 512519's interest payments on its debt are not well covered by EBIT (2.8x coverage).