Dai-ichi Karkaria Balance Sheet Health
Financial Health criteria checks 5/6
Dai-ichi Karkaria has a total shareholder equity of ₹1.8B and total debt of ₹380.2M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ₹2.5B and ₹739.4M respectively. Dai-ichi Karkaria's EBIT is ₹32.0M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹275.0M.
Key information
21.3%
Debt to equity ratio
₹380.20m
Debt
Interest coverage ratio | 0.9x |
Cash | ₹275.00m |
Equity | ₹1.79b |
Total liabilities | ₹739.40m |
Total assets | ₹2.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526821's short term assets (₹818.5M) exceed its short term liabilities (₹705.6M).
Long Term Liabilities: 526821's short term assets (₹818.5M) exceed its long term liabilities (₹33.8M).
Debt to Equity History and Analysis
Debt Level: 526821's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: 526821's debt to equity ratio has reduced from 66.3% to 21.3% over the past 5 years.
Debt Coverage: 526821's debt is well covered by operating cash flow (41%).
Interest Coverage: 526821's interest payments on its debt are not well covered by EBIT (0.9x coverage).