Dolat Algotech Balance Sheet Health
Financial Health criteria checks 3/6
Dolat Algotech has a total shareholder equity of ₹7.9B and total debt of ₹841.0M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are ₹9.4B and ₹1.4B respectively.
Key information
10.6%
Debt to equity ratio
₹840.98m
Debt
Interest coverage ratio | n/a |
Cash | ₹72.75m |
Equity | ₹7.93b |
Total liabilities | ₹1.43b |
Total assets | ₹9.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505526's short term assets (₹4.4B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 505526's short term assets (₹4.4B) exceed its long term liabilities (₹19.2M).
Debt to Equity History and Analysis
Debt Level: 505526's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: 505526's debt to equity ratio has increased from 0% to 10.6% over the past 5 years.
Debt Coverage: 505526's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 505526's interest payments on its debt are well covered by EBIT.