Duroply Industries Balance Sheet Health
Financial Health criteria checks 4/6
Duroply Industries has a total shareholder equity of ₹1.3B and total debt of ₹533.8M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ₹2.7B and ₹1.4B respectively. Duroply Industries's EBIT is ₹70.8M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹33.6M.
Key information
41.1%
Debt to equity ratio
₹533.85m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹33.60m |
| Equity | ₹1.30b |
| Total liabilities | ₹1.44b |
| Total assets | ₹2.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516003's short term assets (₹1.6B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 516003's short term assets (₹1.6B) exceed its long term liabilities (₹284.1M).
Debt to Equity History and Analysis
Debt Level: 516003's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: 516003's debt to equity ratio has reduced from 70.9% to 41.1% over the past 5 years.
Debt Coverage: 516003's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 516003's interest payments on its debt are not well covered by EBIT (1.3x coverage).