Devyani International Balance Sheet Health
Financial Health criteria checks 2/6
Devyani International has a total shareholder equity of ₹10.2B and total debt of ₹16.8B, which brings its debt-to-equity ratio to 164.5%. Its total assets and total liabilities are ₹31.3B and ₹21.1B respectively. Devyani International's EBIT is ₹2.9B making its interest coverage ratio 1.8. It has cash and short-term investments of ₹532.0M.
Key information
164.5%
Debt to equity ratio
₹16.83b
Debt
Interest coverage ratio | 1.8x |
Cash | ₹532.02m |
Equity | ₹10.23b |
Total liabilities | ₹21.07b |
Total assets | ₹31.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543330's short term assets (₹2.9B) do not cover its short term liabilities (₹5.9B).
Long Term Liabilities: 543330's short term assets (₹2.9B) do not cover its long term liabilities (₹15.2B).
Debt to Equity History and Analysis
Debt Level: 543330's net debt to equity ratio (159.3%) is considered high.
Reducing Debt: 543330 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 543330's debt is well covered by operating cash flow (37.6%).
Interest Coverage: 543330's interest payments on its debt are not well covered by EBIT (1.8x coverage).