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 ₹188.4M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are ₹2.3B and ₹472.9M respectively. Dai-ichi Karkaria's EBIT is ₹7.8M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹74.0M.
Key information
10.5%
Debt to equity ratio
₹188.40m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₹74.00m |
| Equity | ₹1.79b |
| Total liabilities | ₹472.90m |
| Total assets | ₹2.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526821's short term assets (₹639.1M) exceed its short term liabilities (₹441.8M).
Long Term Liabilities: 526821's short term assets (₹639.1M) exceed its long term liabilities (₹31.1M).
Debt to Equity History and Analysis
Debt Level: 526821's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: 526821's debt to equity ratio has reduced from 65.6% to 10.5% over the past 5 years.
Debt Coverage: 526821's debt is well covered by operating cash flow (42.6%).
Interest Coverage: 526821's interest payments on its debt are not well covered by EBIT (0.6x coverage).