DCM Shriram Industries Balance Sheet Health
Financial Health criteria checks 6/6
DCM Shriram Industries has a total shareholder equity of ₹7.6B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ₹17.6B and ₹10.0B respectively. DCM Shriram Industries's EBIT is ₹1.8B making its interest coverage ratio 6. It has cash and short-term investments of ₹830.7M.
Key information
41.1%
Debt to equity ratio
₹3.14b
Debt
Interest coverage ratio | 6x |
Cash | ₹830.70m |
Equity | ₹7.63b |
Total liabilities | ₹9.96b |
Total assets | ₹17.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523369's short term assets (₹10.3B) exceed its short term liabilities (₹7.9B).
Long Term Liabilities: 523369's short term assets (₹10.3B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 523369's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: 523369's debt to equity ratio has reduced from 94.2% to 41.1% over the past 5 years.
Debt Coverage: 523369's debt is well covered by operating cash flow (51.3%).
Interest Coverage: 523369's interest payments on its debt are well covered by EBIT (6x coverage).