DCM Shriram Industries Balance Sheet Health
Financial Health criteria checks 5/6
DCM Shriram Industries has a total shareholder equity of ₹8.7B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are ₹19.5B and ₹10.8B respectively. DCM Shriram Industries's EBIT is ₹1.9B making its interest coverage ratio 6.4. It has cash and short-term investments of ₹960.2M.
Key information
41.5%
Debt to equity ratio
₹3.61b
Debt
| Interest coverage ratio | 6.4x |
| Cash | ₹960.20m |
| Equity | ₹8.70b |
| Total liabilities | ₹10.77b |
| Total assets | ₹19.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DCMSRIND's short term assets (₹11.7B) exceed its short term liabilities (₹8.8B).
Long Term Liabilities: DCMSRIND's short term assets (₹11.7B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: DCMSRIND's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: DCMSRIND's debt to equity ratio has reduced from 106.7% to 41.5% over the past 5 years.
Debt Coverage: DCMSRIND's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: DCMSRIND's interest payments on its debt are well covered by EBIT (6.4x coverage).