Duroply Industries Balance Sheet Health
Financial Health criteria checks 3/6
Duroply Industries has a total shareholder equity of ₹902.8M and total debt of ₹462.9M, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are ₹2.4B and ₹1.5B respectively. Duroply Industries's EBIT is ₹132.7M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹35.4M.
Key information
51.3%
Debt to equity ratio
₹462.87m
Debt
Interest coverage ratio | 2.4x |
Cash | ₹35.42m |
Equity | ₹902.75m |
Total liabilities | ₹1.48b |
Total assets | ₹2.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516003's short term assets (₹1.3B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 516003's short term assets (₹1.3B) exceed its long term liabilities (₹247.7M).
Debt to Equity History and Analysis
Debt Level: 516003's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: 516003's debt to equity ratio has reduced from 72.9% to 51.3% over the past 5 years.
Debt Coverage: 516003's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 516003's interest payments on its debt are not well covered by EBIT (2.4x coverage).