Deep Polymers Balance Sheet Health
Financial Health criteria checks 4/6
Deep Polymers has a total shareholder equity of ₹704.2M and total debt of ₹476.0M, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are ₹1.3B and ₹644.2M respectively. Deep Polymers's EBIT is ₹130.1M making its interest coverage ratio 15.7. It has cash and short-term investments of ₹54.6M.
Key information
67.6%
Debt to equity ratio
₹475.97m
Debt
Interest coverage ratio | 15.7x |
Cash | ₹54.57m |
Equity | ₹704.18m |
Total liabilities | ₹644.22m |
Total assets | ₹1.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541778's short term assets (₹637.6M) exceed its short term liabilities (₹168.2M).
Long Term Liabilities: 541778's short term assets (₹637.6M) exceed its long term liabilities (₹476.0M).
Debt to Equity History and Analysis
Debt Level: 541778's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: 541778's debt to equity ratio has increased from 28.5% to 67.6% over the past 5 years.
Debt Coverage: 541778's debt is well covered by operating cash flow (85%).
Interest Coverage: 541778's interest payments on its debt are well covered by EBIT (15.7x coverage).