Dodla Dairy Balance Sheet Health
Financial Health criteria checks 6/6
Dodla Dairy has a total shareholder equity of ₹12.9B and total debt of ₹300.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹16.6B and ₹3.7B respectively. Dodla Dairy's EBIT is ₹2.9B making its interest coverage ratio -39.2. It has cash and short-term investments of ₹6.2B.
Key information
2.3%
Debt to equity ratio
₹300.00m
Debt
| Interest coverage ratio | -39.2x |
| Cash | ₹6.19b |
| Equity | ₹12.90b |
| Total liabilities | ₹3.71b |
| Total assets | ₹16.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543306's short term assets (₹8.9B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 543306's short term assets (₹8.9B) exceed its long term liabilities (₹777.1M).
Debt to Equity History and Analysis
Debt Level: 543306 has more cash than its total debt.
Reducing Debt: 543306's debt to equity ratio has reduced from 37.8% to 2.3% over the past 5 years.
Debt Coverage: 543306's debt is well covered by operating cash flow (988.3%).
Interest Coverage: 543306 earns more interest than it pays, so coverage of interest payments is not a concern.