Delphi World Money Balance Sheet Health
Financial Health criteria checks 5/6
Delphi World Money has a total shareholder equity of ₹2.3B and total debt of ₹402.1M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are ₹3.3B and ₹1.1B respectively. Delphi World Money's EBIT is ₹189.2M making its interest coverage ratio 6.5. It has cash and short-term investments of ₹573.7M.
Key information
17.8%
Debt to equity ratio
₹402.13m
Debt
| Interest coverage ratio | 6.5x |
| Cash | ₹573.72m |
| Equity | ₹2.25b |
| Total liabilities | ₹1.06b |
| Total assets | ₹3.31b |
Recent financial health updates
No updates
Recent updates
Benign Growth For Delphi World Money Limited (NSE:DELPHIFX) Underpins Stock's 26% Plummet
Nov 27
Delphi World Money Limited's (NSE:DELPHIFX) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Sep 12Delphi World Money Limited's (NSE:DELPHIFX) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Jul 05Earnings Working Against Delphi World Money Limited's (NSE:DELPHIFX) Share Price Following 27% Dive
Jan 18Did You Miss Ebixcash World Money India's (NSE:EBIXFOREX) Impressive 179% Share Price Gain?
Feb 06Financial Position Analysis
Short Term Liabilities: DELPHIFX's short term assets (₹3.2B) exceed its short term liabilities (₹790.9M).
Long Term Liabilities: DELPHIFX's short term assets (₹3.2B) exceed its long term liabilities (₹264.6M).
Debt to Equity History and Analysis
Debt Level: DELPHIFX has more cash than its total debt.
Reducing Debt: DELPHIFX's debt to equity ratio has reduced from 32.2% to 17.8% over the past 5 years.
Debt Coverage: DELPHIFX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DELPHIFX's interest payments on its debt are well covered by EBIT (6.5x coverage).