Deep Industries Balance Sheet Health
Financial Health criteria checks 5/6
Deep Industries has a total shareholder equity of ₹15.9B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ₹19.9B and ₹3.9B respectively. Deep Industries's EBIT is ₹1.5B making its interest coverage ratio -19.3. It has cash and short-term investments of ₹2.0B.
Key information
11.5%
Debt to equity ratio
₹1.83b
Debt
| Interest coverage ratio | -19.3x |
| Cash | ₹2.04b |
| Equity | ₹15.93b |
| Total liabilities | ₹3.94b |
| Total assets | ₹19.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543288's short term assets (₹6.9B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 543288's short term assets (₹6.9B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 543288 has more cash than its total debt.
Reducing Debt: 543288's debt to equity ratio has increased from 9.4% to 11.5% over the past 5 years.
Debt Coverage: 543288's debt is well covered by operating cash flow (46.1%).
Interest Coverage: 543288 earns more interest than it pays, so coverage of interest payments is not a concern.