Dollex Agrotech Balance Sheet Health
Financial Health criteria checks 3/6
Dollex Agrotech has a total shareholder equity of ₹532.2M and total debt of ₹446.3M, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are ₹1.6B and ₹1.1B respectively. Dollex Agrotech's EBIT is ₹148.8M making its interest coverage ratio 5.6. It has cash and short-term investments of ₹13.7M.
Key information
83.9%
Debt to equity ratio
₹446.33m
Debt
Interest coverage ratio | 5.6x |
Cash | ₹13.69m |
Equity | ₹532.21m |
Total liabilities | ₹1.08b |
Total assets | ₹1.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DOLLEX's short term assets (₹1.2B) exceed its short term liabilities (₹686.7M).
Long Term Liabilities: DOLLEX's short term assets (₹1.2B) exceed its long term liabilities (₹395.6M).
Debt to Equity History and Analysis
Debt Level: DOLLEX's net debt to equity ratio (81.3%) is considered high.
Reducing Debt: Insufficient data to determine if DOLLEX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DOLLEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DOLLEX's interest payments on its debt are well covered by EBIT (5.6x coverage).