Dhampur Sugar Mills Balance Sheet Health
Financial Health criteria checks 4/6
Dhampur Sugar Mills has a total shareholder equity of ₹11.0B and total debt of ₹9.6B, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are ₹23.6B and ₹12.6B respectively. Dhampur Sugar Mills's EBIT is ₹2.1B making its interest coverage ratio 4.9. It has cash and short-term investments of ₹648.8M.
Key information
87.5%
Debt to equity ratio
₹9.63b
Debt
Interest coverage ratio | 4.9x |
Cash | ₹648.80m |
Equity | ₹11.01b |
Total liabilities | ₹12.56b |
Total assets | ₹23.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500119's short term assets (₹11.8B) exceed its short term liabilities (₹9.8B).
Long Term Liabilities: 500119's short term assets (₹11.8B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: 500119's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: 500119's debt to equity ratio has reduced from 148.8% to 87.5% over the past 5 years.
Debt Coverage: 500119's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500119's interest payments on its debt are well covered by EBIT (4.9x coverage).