Dynamic Industries Balance Sheet Health
Financial Health criteria checks 3/6
Dynamic Industries has a total shareholder equity of ₹467.0M and total debt of ₹150.4M, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are ₹737.5M and ₹270.5M respectively. Dynamic Industries's EBIT is ₹7.1M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹2.4M.
Key information
32.2%
Debt to equity ratio
₹150.43m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹2.43m |
| Equity | ₹466.99m |
| Total liabilities | ₹270.53m |
| Total assets | ₹737.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524818's short term assets (₹291.6M) exceed its short term liabilities (₹157.0M).
Long Term Liabilities: 524818's short term assets (₹291.6M) exceed its long term liabilities (₹113.5M).
Debt to Equity History and Analysis
Debt Level: 524818's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: 524818's debt to equity ratio has increased from 7.4% to 32.2% over the past 5 years.
Debt Coverage: 524818's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: 524818's interest payments on its debt are not well covered by EBIT (1.1x coverage).