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
Recent updates
Optimistic Investors Push United Drilling Tools Limited (NSE:UNIDT) Shares Up 27% But Growth Is Lacking
May 01
Capital Allocation Trends At United Drilling Tools (NSE:UNIDT) Aren't Ideal
Apr 25United Drilling Tools (NSE:UNIDT) Is Paying Out A Dividend Of ₹0.60
Feb 14Is United Drilling Tools (NSE:UNIDT) A Risky Investment?
Feb 07United Drilling Tools Limited's (NSE:UNIDT) Shareholders Might Be Looking For Exit
Dec 20Investors Could Be Concerned With United Drilling Tools' (NSE:UNIDT) Returns On Capital
Oct 25United Drilling Tools (NSE:UNIDT) Is Paying Out Less In Dividends Than Last Year
Feb 16The Return Trends At United Drilling Tools (NSE:UNIDT) Look Promising
Dec 23United Drilling Tools (NSE:UNIDT) Is Due To Pay A Dividend Of ₹0.60
Sep 10United Drilling Tools (NSE:UNIDT) Will Pay A Dividend Of ₹0.60
Aug 27Does United Drilling Tools (NSE:UNIDT) Deserve A Spot On Your Watchlist?
Mar 03United Drilling Tools (NSE:UNIDT) Is Reinvesting To Multiply In Value
Oct 14United Drilling Tools (NSE:UNIDT) Will Pay A Dividend Of ₹0.60
Sep 06We're Not So Sure You Should Rely on United Drilling Tools's (NSE:UNIDT) Statutory Earnings
Jan 05Is United Drilling Tools Limited's(NSE:UNIDT) Recent Stock Performance Tethered To Its Strong Fundamentals?
Dec 15
Three Things You Should Check Before Buying United Drilling Tools Limited (NSE:UNIDT) For Its Dividend
Nov 03It's A Story Of Risk Vs Reward With United Drilling Tools Limited (NSE:UNIDT)
Sep 29Financial Position Analysis
Short Term Liabilities: UNIDT's short term assets (₹2.4B) exceed its short term liabilities (₹732.0M).
Long Term Liabilities: UNIDT's short term assets (₹2.4B) exceed its long term liabilities (₹61.5M).
Debt to Equity History and Analysis
Debt Level: UNIDT's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: UNIDT's debt to equity ratio has increased from 2.6% to 14.8% over the past 5 years.
Debt Coverage: UNIDT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: UNIDT's interest payments on its debt are well covered by EBIT (8.7x coverage).