Dwarikesh Sugar Industries Balance Sheet Health
Financial Health criteria checks 5/6
Dwarikesh Sugar Industries has a total shareholder equity of ₹7.9B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are ₹11.4B and ₹3.5B respectively. Dwarikesh Sugar Industries's EBIT is ₹1.6B making its interest coverage ratio 66.1. It has cash and short-term investments of ₹3.4B.
Key information
33.8%
Debt to equity ratio
₹2.68b
Debt
Interest coverage ratio | 66.1x |
Cash | ₹3.40b |
Equity | ₹7.91b |
Total liabilities | ₹3.52b |
Total assets | ₹11.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532610's short term assets (₹5.4B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 532610's short term assets (₹5.4B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 532610 has more cash than its total debt.
Reducing Debt: 532610's debt to equity ratio has increased from 31.6% to 33.8% over the past 5 years.
Debt Coverage: 532610's debt is well covered by operating cash flow (41.1%).
Interest Coverage: 532610's interest payments on its debt are well covered by EBIT (66.1x coverage).