Deep Polymers Balance Sheet Health
Financial Health criteria checks 5/6
Deep Polymers has a total shareholder equity of ₹887.0M and total debt of ₹331.0M, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are ₹1.3B and ₹442.9M respectively. Deep Polymers's EBIT is ₹101.3M making its interest coverage ratio 7.1. It has cash and short-term investments of ₹5.9M.
Key information
37.3%
Debt to equity ratio
₹331.05m
Debt
| Interest coverage ratio | 7.1x |
| Cash | ₹5.94m |
| Equity | ₹886.95m |
| Total liabilities | ₹442.90m |
| Total assets | ₹1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541778's short term assets (₹512.8M) exceed its short term liabilities (₹146.7M).
Long Term Liabilities: 541778's short term assets (₹512.8M) exceed its long term liabilities (₹296.2M).
Debt to Equity History and Analysis
Debt Level: 541778's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: 541778's debt to equity ratio has increased from 20% to 37.3% over the past 5 years.
Debt Coverage: 541778's debt is well covered by operating cash flow (24.5%).
Interest Coverage: 541778's interest payments on its debt are well covered by EBIT (7.1x coverage).