Donear Industries Balance Sheet Health
Financial Health criteria checks 4/6
Donear Industries has a total shareholder equity of ₹2.0B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 165%. Its total assets and total liabilities are ₹7.1B and ₹5.1B respectively. Donear Industries's EBIT is ₹688.7M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹153.8M.
Key information
165.0%
Debt to equity ratio
₹3.38b
Debt
Interest coverage ratio | 2.3x |
Cash | ₹153.83m |
Equity | ₹2.05b |
Total liabilities | ₹5.06b |
Total assets | ₹7.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512519's short term assets (₹5.9B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 512519's short term assets (₹5.9B) exceed its long term liabilities (₹464.5M).
Debt to Equity History and Analysis
Debt Level: 512519's net debt to equity ratio (157.5%) is considered high.
Reducing Debt: 512519's debt to equity ratio has reduced from 270.2% to 165% over the past 5 years.
Debt Coverage: 512519's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 512519's interest payments on its debt are not well covered by EBIT (2.3x coverage).