Deccan Cements Balance Sheet Health
Financial Health criteria checks 2/6
Deccan Cements has a total shareholder equity of ₹7.1B and total debt of ₹6.1B, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are ₹15.3B and ₹8.2B respectively. Deccan Cements's EBIT is ₹482.3M making its interest coverage ratio -25.9. It has cash and short-term investments of ₹1.7B.
Key information
85.5%
Debt to equity ratio
₹6.10b
Debt
| Interest coverage ratio | -25.9x |
| Cash | ₹1.70b |
| Equity | ₹7.14b |
| Total liabilities | ₹8.18b |
| Total assets | ₹15.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502137's short term assets (₹3.6B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: 502137's short term assets (₹3.6B) do not cover its long term liabilities (₹5.1B).
Debt to Equity History and Analysis
Debt Level: 502137's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: 502137's debt to equity ratio has increased from 11.2% to 85.5% over the past 5 years.
Debt Coverage: 502137's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: 502137 earns more interest than it pays, so coverage of interest payments is not a concern.