Damodar Industries Balance Sheet Health
Financial Health criteria checks 4/6
Damodar Industries has a total shareholder equity of ₹1.4B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 154.5%. Its total assets and total liabilities are ₹3.7B and ₹2.3B respectively. Damodar Industries's EBIT is ₹82.9M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹6.8M.
Key information
154.5%
Debt to equity ratio
₹2.13b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₹6.78m |
| Equity | ₹1.38b |
| Total liabilities | ₹2.35b |
| Total assets | ₹3.73b |
Recent financial health updates
Damodar Industries (NSE:DAMODARIND) Has A Somewhat Strained Balance Sheet
Jul 31
Here's Why Damodar Industries (NSE:DAMODARIND) Is Weighed Down By Its Debt Load
Jan 06Damodar Industries (NSE:DAMODARIND) Has A Somewhat Strained Balance Sheet
Jun 06Here's Why Damodar Industries (NSE:DAMODARIND) Has A Meaningful Debt Burden
Jun 15We Think Damodar Industries (NSE:DAMODARIND) Is Taking Some Risk With Its Debt
Dec 28These 4 Measures Indicate That Damodar Industries (NSE:DAMODARIND) Is Using Debt In A Risky Way
Jul 02Recent updates
Damodar Industries Limited's (NSE:DAMODARIND) CEO Compensation Is Looking A Bit Stretched At The Moment
Aug 11Damodar Industries (NSE:DAMODARIND) Has A Somewhat Strained Balance Sheet
Jul 31Damodar Industries Limited (NSE:DAMODARIND) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Mar 28Damodar Industries (NSE:DAMODARIND) Will Be Hoping To Turn Its Returns On Capital Around
Mar 14Here's Why Damodar Industries (NSE:DAMODARIND) Is Weighed Down By Its Debt Load
Jan 06Investors Could Be Concerned With Damodar Industries' (NSE:DAMODARIND) Returns On Capital
Nov 03Damodar Industries (NSE:DAMODARIND) Has A Somewhat Strained Balance Sheet
Jun 06There Are Reasons To Feel Uneasy About Damodar Industries' (NSE:DAMODARIND) Returns On Capital
Apr 06Slowing Rates Of Return At Damodar Industries (NSE:DAMODARIND) Leave Little Room For Excitement
Dec 26Does Damodar Industries (NSE:DAMODARIND) Deserve A Spot On Your Watchlist?
Sep 02Here's Why Damodar Industries (NSE:DAMODARIND) Has A Meaningful Debt Burden
Jun 15Damodar Industries' (NSE:DAMODARIND) Returns On Capital Not Reflecting Well On The Business
Feb 08We Think Damodar Industries (NSE:DAMODARIND) Is Taking Some Risk With Its Debt
Dec 28Damodar Industries' (NSE:DAMODARIND) Earnings Are Weaker Than They Seem
Nov 23Damodar Industries (NSE:DAMODARIND) Will Want To Turn Around Its Return Trends
Nov 03We Discuss Why Damodar Industries Limited's (NSE:DAMODARIND) CEO Compensation May Be Closely Reviewed
Sep 07These 4 Measures Indicate That Damodar Industries (NSE:DAMODARIND) Is Using Debt In A Risky Way
Jul 02Who Has Been Buying Damodar Industries Limited (NSE:DAMODARIND) Shares?
Feb 28How Much is Damodar Industries' (NSE:DAMODARIND) CEO Getting Paid?
Feb 01Damodar Industries (NSE:DAMODARIND) Has No Shortage Of Debt
Jan 06
Should We Be Excited About The Trends Of Returns At Damodar Industries (NSE:DAMODARIND)?
Dec 11Have Insiders Been Buying Damodar Industries Limited (NSE:DAMODARIND) Shares?
Nov 15What We Learned About Damodar Industries' (NSE:DAMODARIND) CEO Compensation
Oct 14Is Damodar Industries (NSE:DAMODARIND) Using Too Much Debt?
Sep 09Financial Position Analysis
Short Term Liabilities: DAMODARIND's short term assets (₹1.9B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: DAMODARIND's short term assets (₹1.9B) exceed its long term liabilities (₹934.2M).
Debt to Equity History and Analysis
Debt Level: DAMODARIND's net debt to equity ratio (154%) is considered high.
Reducing Debt: DAMODARIND's debt to equity ratio has reduced from 354.4% to 154.5% over the past 5 years.
Debt Coverage: DAMODARIND's debt is well covered by operating cash flow (38.4%).
Interest Coverage: DAMODARIND's interest payments on its debt are not well covered by EBIT (0.3x coverage).