Dynamic Industries Balance Sheet Health
Financial Health criteria checks 3/6
Dynamic Industries has a total shareholder equity of ₹474.8M and total debt of ₹187.3M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are ₹860.5M and ₹385.8M respectively. Dynamic Industries's EBIT is ₹21.7M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹2.8M.
Key information
39.4%
Debt to equity ratio
₹187.27m
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹2.77m |
| Equity | ₹474.77m |
| Total liabilities | ₹385.76m |
| Total assets | ₹860.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524818's short term assets (₹405.4M) exceed its short term liabilities (₹257.1M).
Long Term Liabilities: 524818's short term assets (₹405.4M) exceed its long term liabilities (₹128.6M).
Debt to Equity History and Analysis
Debt Level: 524818's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: 524818's debt to equity ratio has increased from 10.6% to 39.4% over the past 5 years.
Debt Coverage: 524818's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 524818's interest payments on its debt are not well covered by EBIT (2.7x coverage).