Deep Industries Limited

NSEI:DEEPINDS Stock Report

Market Cap: ₹19.2b

Deep Industries Balance Sheet Health

Financial Health criteria checks 6/6

Deep Industries has a total shareholder equity of ₹15.3B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are ₹19.1B and ₹3.8B respectively. Deep Industries's EBIT is ₹1.2B making its interest coverage ratio -11.6. It has cash and short-term investments of ₹1.7B.

Key information

10.4%

Debt to equity ratio

₹1.59b

Debt

Interest coverage ratio-11.6x
Cash₹1.68b
Equity₹15.27b
Total liabilities₹3.84b
Total assets₹19.11b

Recent financial health updates

No updates

Recent updates

We Think That There Are Some Issues For Deep Industries (NSE:DEEPINDS) Beyond Its Promising Earnings

Jun 28
We Think That There Are Some Issues For Deep Industries (NSE:DEEPINDS) Beyond Its Promising Earnings

Some Investors May Be Worried About Deep Industries' (NSE:DEEPINDS) Returns On Capital

Jun 12
Some Investors May Be Worried About Deep Industries' (NSE:DEEPINDS) Returns On Capital

Here's Why Deep Industries (NSE:DEEPINDS) Has Caught The Eye Of Investors

May 11
Here's Why Deep Industries (NSE:DEEPINDS) Has Caught The Eye Of Investors

If EPS Growth Is Important To You, Deep Industries (NSE:DEEPINDS) Presents An Opportunity

Jul 08
If EPS Growth Is Important To You, Deep Industries (NSE:DEEPINDS) Presents An Opportunity

Returns At Deep Industries (NSE:DEEPINDS) Appear To Be Weighed Down

Apr 22
Returns At Deep Industries (NSE:DEEPINDS) Appear To Be Weighed Down

Deep Industries (NSE:DEEPINDS) Could Be At Risk Of Shrinking As A Company

Dec 17
Deep Industries (NSE:DEEPINDS) Could Be At Risk Of Shrinking As A Company

Investors Continue Waiting On Sidelines For Deep Industries Limited (NSE:DEEPINDS)

Feb 09
Investors Continue Waiting On Sidelines For Deep Industries Limited (NSE:DEEPINDS)

Financial Position Analysis

Short Term Liabilities: DEEPINDS's short term assets (₹6.7B) exceed its short term liabilities (₹2.2B).

Long Term Liabilities: DEEPINDS's short term assets (₹6.7B) exceed its long term liabilities (₹1.6B).


Debt to Equity History and Analysis

Debt Level: DEEPINDS has more cash than its total debt.

Reducing Debt: DEEPINDS's debt to equity ratio has reduced from 10.5% to 10.4% over the past 5 years.

Debt Coverage: DEEPINDS's debt is well covered by operating cash flow (113.8%).

Interest Coverage: DEEPINDS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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