Deepak Fertilisers And Petrochemicals Balance Sheet Health
Financial Health criteria checks 5/6
Deepak Fertilisers And Petrochemicals has a total shareholder equity of ₹52.3B and total debt of ₹40.8B, which brings its debt-to-equity ratio to 78%. Its total assets and total liabilities are ₹118.9B and ₹66.6B respectively. Deepak Fertilisers And Petrochemicals's EBIT is ₹10.8B making its interest coverage ratio 3.7. It has cash and short-term investments of ₹13.2B.
Key information
78.0%
Debt to equity ratio
₹40.77b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹13.20b |
Equity | ₹52.29b |
Total liabilities | ₹66.64b |
Total assets | ₹118.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500645's short term assets (₹45.5B) exceed its short term liabilities (₹35.2B).
Long Term Liabilities: 500645's short term assets (₹45.5B) exceed its long term liabilities (₹31.5B).
Debt to Equity History and Analysis
Debt Level: 500645's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: 500645's debt to equity ratio has reduced from 163.5% to 78% over the past 5 years.
Debt Coverage: 500645's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 500645's interest payments on its debt are well covered by EBIT (3.7x coverage).