De Neers Tools Balance Sheet Health
Financial Health criteria checks 3/6
De Neers Tools has a total shareholder equity of ₹739.9M and total debt of ₹537.2M, which brings its debt-to-equity ratio to 72.6%. Its total assets and total liabilities are ₹1.5B and ₹795.9M respectively. De Neers Tools's EBIT is ₹204.0M making its interest coverage ratio 4.8. It has cash and short-term investments of ₹4.3M.
Key information
72.6%
Debt to equity ratio
₹537.18m
Debt
| Interest coverage ratio | 4.8x |
| Cash | ₹4.32m |
| Equity | ₹739.87m |
| Total liabilities | ₹795.87m |
| Total assets | ₹1.54b |
Recent financial health updates
Is De Neers Tools (NSE:DENEERS) Using Too Much Debt?
Nov 12
We Think De Neers Tools (NSE:DENEERS) Can Stay On Top Of Its Debt
Feb 21Recent updates
Is De Neers Tools (NSE:DENEERS) Using Too Much Debt?
Nov 12The Market Lifts De Neers Tools Limited (NSE:DENEERS) Shares 26% But It Can Do More
Oct 03De Neers Tools (NSE:DENEERS) Might Be Having Difficulty Using Its Capital Effectively
Aug 23Investors Shouldn't Be Too Comfortable With De Neers Tools' (NSE:DENEERS) Earnings
May 21We Think De Neers Tools (NSE:DENEERS) Can Stay On Top Of Its Debt
Feb 21Financial Position Analysis
Short Term Liabilities: DENEERS's short term assets (₹1.5B) exceed its short term liabilities (₹528.7M).
Long Term Liabilities: DENEERS's short term assets (₹1.5B) exceed its long term liabilities (₹267.2M).
Debt to Equity History and Analysis
Debt Level: DENEERS's net debt to equity ratio (72%) is considered high.
Reducing Debt: Insufficient data to determine if DENEERS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DENEERS's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: DENEERS's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
De Neers Tools Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|