Dollar Industries Balance Sheet Health
Financial Health criteria checks 4/6
Dollar Industries has a total shareholder equity of ₹8.1B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are ₹14.7B and ₹6.6B respectively. Dollar Industries's EBIT is ₹1.4B making its interest coverage ratio 5.9. It has cash and short-term investments of ₹23.9M.
Key information
43.9%
Debt to equity ratio
₹3.55b
Debt
| Interest coverage ratio | 5.9x |
| Cash | ₹23.93m |
| Equity | ₹8.09b |
| Total liabilities | ₹6.56b |
| Total assets | ₹14.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541403's short term assets (₹11.7B) exceed its short term liabilities (₹6.0B).
Long Term Liabilities: 541403's short term assets (₹11.7B) exceed its long term liabilities (₹518.0M).
Debt to Equity History and Analysis
Debt Level: 541403's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: 541403's debt to equity ratio has reduced from 48.4% to 43.9% over the past 5 years.
Debt Coverage: 541403's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: 541403's interest payments on its debt are well covered by EBIT (5.9x coverage).