Deccan Cements Balance Sheet Health
Financial Health criteria checks 4/6
Deccan Cements has a total shareholder equity of ₹7.0B and total debt of ₹4.5B, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are ₹13.6B and ₹6.6B respectively. Deccan Cements's EBIT is ₹611.4M making its interest coverage ratio 16.6. It has cash and short-term investments of ₹2.6B.
Key information
64.8%
Debt to equity ratio
₹4.54b
Debt
| Interest coverage ratio | 16.6x |
| Cash | ₹2.57b |
| Equity | ₹7.01b |
| Total liabilities | ₹6.57b |
| Total assets | ₹13.58b |
Recent financial health updates
These 4 Measures Indicate That Deccan Cements (NSE:DECCANCE) Is Using Debt Extensively
Sep 28
Deccan Cements (NSE:DECCANCE) Has A Pretty Healthy Balance Sheet
May 26We Think Deccan Cements (NSE:DECCANCE) Can Stay On Top Of Its Debt
Dec 20Here's Why Deccan Cements (NSE:DECCANCE) Can Manage Its Debt Responsibly
Mar 20Does Deccan Cements (NSE:DECCANCE) Have A Healthy Balance Sheet?
Dec 15Deccan Cements (NSE:DECCANCE) Has A Somewhat Strained Balance Sheet
Sep 15
Recent updates
Some Investors May Be Worried About Deccan Cements' (NSE:DECCANCE) Returns On Capital
Mar 14It's Unlikely That Deccan Cements Limited's (NSE:DECCANCE) CEO Will See A Huge Pay Rise This Year
Sep 16These 4 Measures Indicate That Deccan Cements (NSE:DECCANCE) Is Using Debt Extensively
Sep 28Deccan Cements (NSE:DECCANCE) Will Pay A Dividend Of ₹5.00
Aug 26Deccan Cements (NSE:DECCANCE) Is Paying Out A Dividend Of ₹5.00
Aug 12Deccan Cements (NSE:DECCANCE) Has A Pretty Healthy Balance Sheet
May 26We Think Deccan Cements (NSE:DECCANCE) Can Stay On Top Of Its Debt
Dec 20Shareholders May Not Be So Generous With Deccan Cements Limited's (NSE:DECCANCE) CEO Compensation And Here's Why
Sep 07Many Would Be Envious Of Deccan Cements' (NSE:DECCANCE) Excellent Returns On Capital
Aug 20A Look Into Deccan Cements' (NSE:DECCANCE) Impressive Returns On Capital
Apr 07Here's Why Deccan Cements (NSE:DECCANCE) Can Manage Its Debt Responsibly
Mar 20Here's Why I Think Deccan Cements (NSE:DECCANCE) Is An Interesting Stock
Mar 05How Does Deccan Cements Limited (NSE:DECCANCE) Fare As A Dividend Stock?
Feb 18The Deccan Cements (NSE:DECCANCE) Share Price Has Gained 43% And Shareholders Are Hoping For More
Feb 05How Much Is Deccan Cements Limited (NSE:DECCANCE) CEO Getting Paid?
Jan 23Deccan Cements Limited's (NSE:DECCANCE) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 10Should You Be Impressed By Deccan Cements' (NSE:DECCANCE) Returns on Capital?
Dec 28Does Deccan Cements (NSE:DECCANCE) Have A Healthy Balance Sheet?
Dec 15Are Deccan Cements's (NSE:DECCANCE) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 02Deccan Cements Limited (NSE:DECCANCE) Has Got What It Takes To Be An Attractive Dividend Stock
Nov 19What Type Of Returns Would Deccan Cements'(NSE:DECCANCE) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 06How Does Deccan Cements' (NSE:DECCANCE) CEO Salary Compare to Peers?
Oct 19Do Its Financials Have Any Role To Play In Driving Deccan Cements Limited's (NSE:DECCANCE) Stock Up Recently?
Sep 30Deccan Cements (NSE:DECCANCE) Has A Somewhat Strained Balance Sheet
Sep 15The Trends At Deccan Cements (NSE:DECCANCE) That You Should Know About
Aug 31Is Deccan Cements Limited (NSE:DECCANCE) The Right Choice For A Smart Dividend Investor?
Aug 17Financial Position Analysis
Short Term Liabilities: DECCANCE's short term assets (₹4.5B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: DECCANCE's short term assets (₹4.5B) exceed its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: DECCANCE's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: DECCANCE's debt to equity ratio has increased from 10.2% to 64.8% over the past 5 years.
Debt Coverage: DECCANCE's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: DECCANCE's interest payments on its debt are well covered by EBIT (16.6x coverage).