Divyadhan Recycling Industries Balance Sheet Health
Financial Health criteria checks 4/6
Divyadhan Recycling Industries has a total shareholder equity of ₹137.8M and total debt of ₹91.5M, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are ₹288.8M and ₹151.0M respectively. Divyadhan Recycling Industries's EBIT is ₹24.4M making its interest coverage ratio 4.3. It has cash and short-term investments of ₹79.0K.
Key information
66.4%
Debt to equity ratio
₹91.53m
Debt
| Interest coverage ratio | 4.3x |
| Cash | ₹79.00k |
| Equity | ₹137.82m |
| Total liabilities | ₹150.99m |
| Total assets | ₹288.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIVYADHAN's short term assets (₹161.7M) exceed its short term liabilities (₹142.9M).
Long Term Liabilities: DIVYADHAN's short term assets (₹161.7M) exceed its long term liabilities (₹8.1M).
Debt to Equity History and Analysis
Debt Level: DIVYADHAN's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: Insufficient data to determine if DIVYADHAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DIVYADHAN's debt is well covered by operating cash flow (24.1%).
Interest Coverage: DIVYADHAN's interest payments on its debt are well covered by EBIT (4.3x coverage).