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 ₹1.1B, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are ₹5.6B and ₹2.0B respectively. Dharmaj Crop Guard's EBIT is ₹575.1M making its interest coverage ratio 16.7. It has cash and short-term investments of ₹30.0M.
Key information
31.1%
Debt to equity ratio
₹1.12b
Debt
Interest coverage ratio | 16.7x |
Cash | ₹29.99m |
Equity | ₹3.59b |
Total liabilities | ₹2.04b |
Total assets | ₹5.63b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DHARMAJ's short term assets (₹2.4B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: DHARMAJ's short term assets (₹2.4B) exceed its long term liabilities (₹781.7M).
Debt to Equity History and Analysis
Debt Level: DHARMAJ's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: DHARMAJ's debt to equity ratio has reduced from 193.3% to 31.1% over the past 5 years.
Debt Coverage: DHARMAJ's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: DHARMAJ's interest payments on its debt are well covered by EBIT (16.7x coverage).