Deccan Cements Balance Sheet Health
Financial Health criteria checks 4/6
Deccan Cements has a total shareholder equity of ₹7.0B and total debt of ₹4.5B, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are ₹13.6B and ₹6.6B respectively. Deccan Cements's EBIT is ₹611.4M making its interest coverage ratio 16.6. It has cash and short-term investments of ₹2.6B.
Key information
64.8%
Debt to equity ratio
₹4.54b
Debt
Interest coverage ratio | 16.6x |
Cash | ₹2.57b |
Equity | ₹7.01b |
Total liabilities | ₹6.57b |
Total assets | ₹13.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502137's short term assets (₹4.5B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 502137's short term assets (₹4.5B) exceed its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: 502137's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 502137's debt to equity ratio has increased from 10.2% to 64.8% over the past 5 years.
Debt Coverage: 502137's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 502137's interest payments on its debt are well covered by EBIT (16.6x coverage).