Dixon Technologies (India) Balance Sheet Health
Financial Health criteria checks 5/6
Dixon Technologies (India) has a total shareholder equity of ₹14.8B and total debt of ₹6.0B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are ₹63.6B and ₹48.8B respectively. Dixon Technologies (India)'s EBIT is ₹5.3B making its interest coverage ratio 8.5. It has cash and short-term investments of ₹1.3B.
Key information
40.6%
Debt to equity ratio
₹5.99b
Debt
Interest coverage ratio | 8.5x |
Cash | ₹1.34b |
Equity | ₹14.76b |
Total liabilities | ₹48.83b |
Total assets | ₹63.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540699's short term assets (₹44.3B) exceed its short term liabilities (₹43.8B).
Long Term Liabilities: 540699's short term assets (₹44.3B) exceed its long term liabilities (₹5.0B).
Debt to Equity History and Analysis
Debt Level: 540699's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: 540699's debt to equity ratio has increased from 30.2% to 40.6% over the past 5 years.
Debt Coverage: 540699's debt is well covered by operating cash flow (107.3%).
Interest Coverage: 540699's interest payments on its debt are well covered by EBIT (8.5x coverage).