United Drilling Tools Balance Sheet Health
Financial Health criteria checks 4/6
United Drilling Tools has a total shareholder equity of ₹2.5B and total debt of ₹367.0M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are ₹3.3B and ₹793.6M respectively. United Drilling Tools's EBIT is ₹157.1M making its interest coverage ratio 8.7. It has cash and short-term investments of ₹30.8M.
Key information
14.8%
Debt to equity ratio
₹367.04m
Debt
Interest coverage ratio | 8.7x |
Cash | ₹30.76m |
Equity | ₹2.48b |
Total liabilities | ₹793.56m |
Total assets | ₹3.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522014's short term assets (₹2.4B) exceed its short term liabilities (₹732.0M).
Long Term Liabilities: 522014's short term assets (₹2.4B) exceed its long term liabilities (₹61.5M).
Debt to Equity History and Analysis
Debt Level: 522014's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 522014's debt to equity ratio has increased from 2.6% to 14.8% over the past 5 years.
Debt Coverage: 522014's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 522014's interest payments on its debt are well covered by EBIT (8.7x coverage).