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
Some Investors May Be Worried About Deep Industries' (NSE:DEEPINDS) Returns On Capital
Jun 12Here's Why Deep Industries (NSE:DEEPINDS) Has Caught The Eye Of Investors
May 11If 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 (₹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.