DEE Development Engineers Balance Sheet Health
Financial Health criteria checks 2/6
DEE Development Engineers has a total shareholder equity of ₹4.2B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are ₹9.7B and ₹5.4B respectively. DEE Development Engineers's EBIT is ₹329.1M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹327.9M.
Key information
83.2%
Debt to equity ratio
₹3.53b
Debt
Interest coverage ratio | 1.2x |
Cash | ₹327.94m |
Equity | ₹4.24b |
Total liabilities | ₹5.43b |
Total assets | ₹9.66b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: DEEDEV's short term assets (₹5.6B) exceed its short term liabilities (₹4.5B).
Long Term Liabilities: DEEDEV's short term assets (₹5.6B) exceed its long term liabilities (₹925.8M).
Debt to Equity History and Analysis
Debt Level: DEEDEV's net debt to equity ratio (75.5%) is considered high.
Reducing Debt: Insufficient data to determine if DEEDEV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DEEDEV's debt is not well covered by operating cash flow (4%).
Interest Coverage: DEEDEV's interest payments on its debt are not well covered by EBIT (1.2x coverage).