Deep Industries Balance Sheet Health
Financial Health criteria checks 5/6
Deep Industries has a total shareholder equity of ₹14.4B and total debt of ₹906.9M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are ₹17.7B and ₹3.3B respectively. Deep Industries's EBIT is ₹1.3B making its interest coverage ratio 25.8. It has cash and short-term investments of ₹2.1B.
Key information
6.3%
Debt to equity ratio
₹906.95m
Debt
Interest coverage ratio | 25.8x |
Cash | ₹2.08b |
Equity | ₹14.42b |
Total liabilities | ₹3.31b |
Total assets | ₹17.73b |
Recent financial health updates
No updates
Recent updates
If EPS Growth Is Important To You, Deep Industries (NSE:DEEPINDS) Presents An Opportunity
Jul 08Returns At Deep Industries (NSE:DEEPINDS) Appear To Be Weighed Down
Apr 22Deep Industries (NSE:DEEPINDS) Could Be At Risk Of Shrinking As A Company
Dec 17Investors Continue Waiting On Sidelines For Deep Industries Limited (NSE:DEEPINDS)
Feb 09Financial Position Analysis
Short Term Liabilities: DEEPINDS's short term assets (₹7.2B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: DEEPINDS's short term assets (₹7.2B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: DEEPINDS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DEEPINDS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DEEPINDS's debt is well covered by operating cash flow (228%).
Interest Coverage: DEEPINDS's interest payments on its debt are well covered by EBIT (25.8x coverage).