Dixon Technologies (India) Balance Sheet Health
Financial Health criteria checks 6/6
Dixon Technologies (India) has a total shareholder equity of ₹25.8B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ₹161.2B and ₹135.5B respectively. Dixon Technologies (India)'s EBIT is ₹8.3B making its interest coverage ratio 7.8. It has cash and short-term investments of ₹2.4B.
Key information
14.1%
Debt to equity ratio
₹3.62b
Debt
| Interest coverage ratio | 7.8x |
| Cash | ₹2.42b |
| Equity | ₹25.75b |
| Total liabilities | ₹135.45b |
| Total assets | ₹161.21b |
Recent financial health updates
Dixon Technologies (India) (NSE:DIXON) Seems To Use Debt Quite Sensibly
May 22
Here's Why Dixon Technologies (India) (NSE:DIXON) Can Manage Its Debt Responsibly
Dec 22Here's Why Dixon Technologies (India) (NSE:DIXON) Can Manage Its Debt Responsibly
Sep 13These 4 Measures Indicate That Dixon Technologies (India) (NSE:DIXON) Is Using Debt Reasonably Well
Jun 09Does Dixon Technologies (India) (NSE:DIXON) Have A Healthy Balance Sheet?
Jan 14Is Dixon Technologies (India) (NSE:DIXON) Using Too Much Debt?
Jul 12Recent updates
Results: Dixon Technologies (India) Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Oct 27Dixon Technologies (India) Limited's (NSE:DIXON) P/S Is Still On The Mark Following 35% Share Price Bounce
Jun 14Dixon Technologies (India)'s (NSE:DIXON) Solid Earnings May Rest On Weak Foundations
May 26Dixon Technologies (India) (NSE:DIXON) Seems To Use Debt Quite Sensibly
May 22Shareholders Are Optimistic That Dixon Technologies (India) (NSE:DIXON) Will Multiply In Value
Apr 04Dixon Technologies (India) Limited Just Missed EPS By 21%: Here's What Analysts Think Will Happen Next
Feb 03Dixon Technologies (India) Limited's (NSE:DIXON) Share Price Matching Investor Opinion
Jan 27We Ran A Stock Scan For Earnings Growth And Dixon Technologies (India) (NSE:DIXON) Passed With Ease
Jan 09Here's Why Dixon Technologies (India) (NSE:DIXON) Can Manage Its Debt Responsibly
Dec 22Dixon Technologies (India) (NSE:DIXON) Is Reinvesting To Multiply In Value
Oct 29Shareholders Will Probably Hold Off On Increasing Dixon Technologies (India) Limited's (NSE:DIXON) CEO Compensation For The Time Being
Sep 23Here's Why Dixon Technologies (India) (NSE:DIXON) Can Manage Its Debt Responsibly
Sep 13With EPS Growth And More, Dixon Technologies (India) (NSE:DIXON) Makes An Interesting Case
Aug 24Investors Could Be Concerned With Dixon Technologies (India)'s (NSE:DIXON) Returns On Capital
Jun 24These 4 Measures Indicate That Dixon Technologies (India) (NSE:DIXON) Is Using Debt Reasonably Well
Jun 09Here's Why We Think Dixon Technologies (India) (NSE:DIXON) Might Deserve Your Attention Today
May 22Dixon Technologies (India) (NSE:DIXON) Might Be Having Difficulty Using Its Capital Effectively
Mar 01Should You Be Adding Dixon Technologies (India) (NSE:DIXON) To Your Watchlist Today?
Feb 14Dixon Technologies (India) Limited (NSE:DIXON) Analysts Just Cut Their EPS Forecasts Substantially
Jan 30Does Dixon Technologies (India) (NSE:DIXON) Have A Healthy Balance Sheet?
Jan 14Do Dixon Technologies (India)'s (NSE:DIXON) Earnings Warrant Your Attention?
Oct 07Dixon Technologies (India) (NSE:DIXON) Is Reinvesting At Lower Rates Of Return
Aug 11Is Dixon Technologies (India) (NSE:DIXON) Using Too Much Debt?
Jul 12Here's Why We Think Dixon Technologies (India) (NSE:DIXON) Is Well Worth Watching
Jun 26Dixon Technologies (India) (NSE:DIXON) Will Want To Turn Around Its Return Trends
Mar 30We Think Dixon Technologies (India) (NSE:DIXON) Can Stay On Top Of Its Debt
Mar 14Here's Why I Think Dixon Technologies (India) (NSE:DIXON) Is An Interesting Stock
Feb 08Dixon Technologies (India) (NSE:DIXON) Could Be Struggling To Allocate Capital
Dec 19Here's Why Dixon Technologies (India) (NSE:DIXON) Can Manage Its Debt Responsibly
Nov 23Here's Why I Think Dixon Technologies (India) (NSE:DIXON) Might Deserve Your Attention Today
Sep 23A Look Into Dixon Technologies (India)'s (NSE:DIXON) Impressive Returns On Capital
Sep 05We Think Dixon Technologies (India) (NSE:DIXON) Can Stay On Top Of Its Debt
Jun 18Is Now The Time To Put Dixon Technologies (India) (NSE:DIXON) On Your Watchlist?
May 26Financial Position Analysis
Short Term Liabilities: DIXON's short term assets (₹129.4B) exceed its short term liabilities (₹125.2B).
Long Term Liabilities: DIXON's short term assets (₹129.4B) exceed its long term liabilities (₹10.2B).
Debt to Equity History and Analysis
Debt Level: DIXON's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: DIXON's debt to equity ratio has reduced from 28.7% to 14.1% over the past 5 years.
Debt Coverage: DIXON's debt is well covered by operating cash flow (230.5%).
Interest Coverage: DIXON's interest payments on its debt are well covered by EBIT (7.8x coverage).