Deem Roll-Tech Balance Sheet Health
Financial Health criteria checks 4/6
Deem Roll-Tech has a total shareholder equity of ₹445.8M and total debt of ₹208.1M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are ₹921.5M and ₹475.8M respectively. Deem Roll-Tech's EBIT is ₹109.7M making its interest coverage ratio 8.4. It has cash and short-term investments of ₹36.3M.
Key information
46.7%
Debt to equity ratio
₹208.09m
Debt
Interest coverage ratio | 8.4x |
Cash | ₹36.27m |
Equity | ₹445.78m |
Total liabilities | ₹475.77m |
Total assets | ₹921.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEEM's short term assets (₹584.0M) exceed its short term liabilities (₹379.1M).
Long Term Liabilities: DEEM's short term assets (₹584.0M) exceed its long term liabilities (₹96.6M).
Debt to Equity History and Analysis
Debt Level: DEEM's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DEEM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DEEM's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: DEEM's interest payments on its debt are well covered by EBIT (8.4x coverage).