Deem Roll-Tech Balance Sheet Health
Financial Health criteria checks 3/6
Deem Roll-Tech has a total shareholder equity of ₹856.7M and total debt of ₹229.1M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are ₹1.3B and ₹468.5M respectively. Deem Roll-Tech's EBIT is ₹82.0M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹168.3M.
Key information
26.7%
Debt to equity ratio
₹229.06m
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹168.26m |
| Equity | ₹856.72m |
| Total liabilities | ₹468.53m |
| Total assets | ₹1.33b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DEEM's short term assets (₹946.7M) exceed its short term liabilities (₹420.5M).
Long Term Liabilities: DEEM's short term assets (₹946.7M) exceed its long term liabilities (₹48.0M).
Debt to Equity History and Analysis
Debt Level: DEEM's net debt to equity ratio (7.1%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DEEM's interest payments on its debt are not well covered by EBIT (2.9x coverage).