Dhanuka Agritech Balance Sheet Health
Financial Health criteria checks 5/6
Dhanuka Agritech has a total shareholder equity of ₹11.9B and total debt of ₹314.9M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹16.0B and ₹4.1B respectively. Dhanuka Agritech's EBIT is ₹3.0B making its interest coverage ratio -20.1. It has cash and short-term investments of ₹609.8M.
Key information
2.7%
Debt to equity ratio
₹314.91m
Debt
Interest coverage ratio | -20.1x |
Cash | ₹609.84m |
Equity | ₹11.87b |
Total liabilities | ₹4.15b |
Total assets | ₹16.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507717's short term assets (₹10.9B) exceed its short term liabilities (₹3.7B).
Long Term Liabilities: 507717's short term assets (₹10.9B) exceed its long term liabilities (₹451.5M).
Debt to Equity History and Analysis
Debt Level: 507717 has more cash than its total debt.
Reducing Debt: 507717's debt to equity ratio has increased from 0.01% to 2.7% over the past 5 years.
Debt Coverage: 507717's debt is well covered by operating cash flow (735.8%).
Interest Coverage: 507717 earns more interest than it pays, so coverage of interest payments is not a concern.