D.K. Enterprises Global Balance Sheet Health
Financial Health criteria checks 5/6
D.K. Enterprises Global has a total shareholder equity of ₹240.9M and total debt of ₹103.7M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are ₹545.2M and ₹304.3M respectively. D.K. Enterprises Global's EBIT is ₹65.1M making its interest coverage ratio 17.8. It has cash and short-term investments of ₹105.8M.
Key information
43.0%
Debt to equity ratio
₹103.68m
Debt
Interest coverage ratio | 17.8x |
Cash | ₹105.82m |
Equity | ₹240.88m |
Total liabilities | ₹304.32m |
Total assets | ₹545.21m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DKEGL's short term assets (₹393.0M) exceed its short term liabilities (₹258.7M).
Long Term Liabilities: DKEGL's short term assets (₹393.0M) exceed its long term liabilities (₹45.7M).
Debt to Equity History and Analysis
Debt Level: DKEGL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DKEGL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DKEGL's debt is well covered by operating cash flow (77.7%).
Interest Coverage: DKEGL's interest payments on its debt are well covered by EBIT (17.8x coverage).