Shree Digvijay Cement Balance Sheet Health
Financial Health criteria checks 5/6
Shree Digvijay Cement has a total shareholder equity of ₹3.5B and total debt of ₹750.0M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are ₹5.9B and ₹2.4B respectively. Shree Digvijay Cement's EBIT is ₹946.5M making its interest coverage ratio -17.3. It has cash and short-term investments of ₹33.9M.
Key information
21.4%
Debt to equity ratio
₹750.00m
Debt
| Interest coverage ratio | -17.3x |
| Cash | ₹33.92m |
| Equity | ₹3.50b |
| Total liabilities | ₹2.43b |
| Total assets | ₹5.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502180's short term assets (₹2.7B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 502180's short term assets (₹2.7B) exceed its long term liabilities (₹911.4M).
Debt to Equity History and Analysis
Debt Level: 502180's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 502180's debt to equity ratio has increased from 0% to 21.4% over the past 5 years.
Debt Coverage: 502180's debt is well covered by operating cash flow (91.1%).
Interest Coverage: 502180 earns more interest than it pays, so coverage of interest payments is not a concern.