Ddev Plastiks Industries Balance Sheet Health
Financial Health criteria checks 5/6
Ddev Plastiks Industries has a total shareholder equity of ₹6.6B and total debt of ₹662.7M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ₹10.0B and ₹3.4B respectively. Ddev Plastiks Industries's EBIT is ₹2.5B making its interest coverage ratio 12.3. It has cash and short-term investments of ₹767.8M.
Key information
10.0%
Debt to equity ratio
₹662.75m
Debt
| Interest coverage ratio | 12.3x |
| Cash | ₹767.79m |
| Equity | ₹6.60b |
| Total liabilities | ₹3.35b |
| Total assets | ₹9.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543547's short term assets (₹7.5B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: 543547's short term assets (₹7.5B) exceed its long term liabilities (₹263.2M).
Debt to Equity History and Analysis
Debt Level: 543547 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543547's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543547's debt is well covered by operating cash flow (175.3%).
Interest Coverage: 543547's interest payments on its debt are well covered by EBIT (12.3x coverage).