Dharmaj Crop Guard Balance Sheet Health
Financial Health criteria checks 5/6
Dharmaj Crop Guard has a total shareholder equity of ₹3.6B and total debt of ₹725.0M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are ₹6.2B and ₹2.6B respectively. Dharmaj Crop Guard's EBIT is ₹559.7M making its interest coverage ratio -48.4. It has cash and short-term investments of ₹4.5M.
Key information
20.2%
Debt to equity ratio
₹725.03m
Debt
| Interest coverage ratio | -48.4x |
| Cash | ₹4.50m |
| Equity | ₹3.59b |
| Total liabilities | ₹2.61b |
| Total assets | ₹6.20b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DHARMAJ's short term assets (₹3.5B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: DHARMAJ's short term assets (₹3.5B) exceed its long term liabilities (₹512.5M).
Debt to Equity History and Analysis
Debt Level: DHARMAJ's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: DHARMAJ's debt to equity ratio has reduced from 212.6% to 20.2% over the past 5 years.
Debt Coverage: DHARMAJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DHARMAJ earns more interest than it pays, so coverage of interest payments is not a concern.