DIC India Balance Sheet Health
Financial Health criteria checks 6/6
DIC India has a total shareholder equity of ₹4.1B and total debt of ₹42.1M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹6.3B and ₹2.2B respectively. DIC India's EBIT is ₹126.2M making its interest coverage ratio 25.7. It has cash and short-term investments of ₹267.2M.
Key information
1.0%
Debt to equity ratio
₹42.08m
Debt
| Interest coverage ratio | 25.7x |
| Cash | ₹267.21m |
| Equity | ₹4.06b |
| Total liabilities | ₹2.22b |
| Total assets | ₹6.28b |
Recent financial health updates
We Think DIC India (NSE:DICIND) Can Manage Its Debt With Ease
Dec 01
Does DIC India (NSE:DICIND) Have A Healthy Balance Sheet?
Aug 30Recent updates
Here's What To Make Of DIC India's (NSE:DICIND) Decelerating Rates Of Return
Oct 22DIC India Limited (NSE:DICIND) Held Back By Insufficient Growth Even After Shares Climb 33%
Aug 15Revenues Working Against DIC India Limited's (NSE:DICIND) Share Price
Jun 21Here's Why Shareholders May Want To Be Cautious With Increasing DIC India Limited's (NSE:DICIND) CEO Pay Packet
Mar 16DIC India (NSE:DICIND) Is Experiencing Growth In Returns On Capital
Dec 07Returns On Capital Are Showing Encouraging Signs At DIC India (NSE:DICIND)
May 16DIC India (NSE:DICIND) Is Paying Out Less In Dividends Than Last Year
Feb 27DIC India's (NSE:DICIND) Dividend Will Be Reduced To ₹5.00
Feb 13Returns On Capital At DIC India (NSE:DICIND) Paint A Concerning Picture
Dec 20DIC India (NSE:DICIND) May Have Issues Allocating Its Capital
Jun 01Is DIC India Limited (NSE:DICIND) An Attractive Dividend Stock?
Mar 31Why You Might Be Interested In DIC India Limited (NSE:DICIND) For Its Upcoming Dividend
Mar 05We're Watching These Trends At DIC India (NSE:DICIND)
Feb 21Is DIC India Limited's (NSE:DICIND) Latest Stock Performance Being Led By Its Strong Fundamentals?
Feb 03
DIC India's (NSE:DICIND) Stock Price Has Reduced 34% In The Past Five Years
Jan 13The Case For DIC India Limited (NSE:DICIND): Could It Be A Nice Addition To Your Dividend Portfolio?
Dec 22We Think DIC India (NSE:DICIND) Can Manage Its Debt With Ease
Dec 01DIC India Limited's (NSE:DICIND) Price Is Right But Growth Is Lacking
Nov 10Our Take On The Returns On Capital At DIC India (NSE:DICIND)
Oct 20DIC India Limited's (NSE:DICIND) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Sep 20Does DIC India (NSE:DICIND) Have A Healthy Balance Sheet?
Aug 30Here's Why We Don't Think DIC India's (NSE:DICIND) Statutory Earnings Reflect Its Underlying Earnings Potential
Aug 12Would DIC India Limited (NSE:DICIND) Be Valuable To Income Investors?
Aug 12Will DIC India's (NSE:DICIND) Growth In ROCE Persist?
Jul 22Financial Position Analysis
Short Term Liabilities: DICIND's short term assets (₹4.5B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: DICIND's short term assets (₹4.5B) exceed its long term liabilities (₹59.4M).
Debt to Equity History and Analysis
Debt Level: DICIND has more cash than its total debt.
Reducing Debt: DICIND's debt to equity ratio has reduced from 16.4% to 1% over the past 5 years.
Debt Coverage: DICIND's debt is well covered by operating cash flow (265%).
Interest Coverage: DICIND's interest payments on its debt are well covered by EBIT (25.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 04:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
DIC India Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |