D.K. Enterprises Global Balance Sheet Health
Financial Health criteria checks 5/6
D.K. Enterprises Global has a total shareholder equity of ₹263.2M and total debt of ₹94.0M, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are ₹526.7M and ₹263.5M respectively. D.K. Enterprises Global's EBIT is ₹77.2M making its interest coverage ratio 8.4. It has cash and short-term investments of ₹91.5M.
Key information
35.7%
Debt to equity ratio
₹93.95m
Debt
Interest coverage ratio | 8.4x |
Cash | ₹91.53m |
Equity | ₹263.20m |
Total liabilities | ₹263.51m |
Total assets | ₹526.71m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DKEGL's short term assets (₹376.5M) exceed its short term liabilities (₹239.4M).
Long Term Liabilities: DKEGL's short term assets (₹376.5M) exceed its long term liabilities (₹24.1M).
Debt to Equity History and Analysis
Debt Level: DKEGL's net debt to equity ratio (0.9%) is considered satisfactory.
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 (29.8%).
Interest Coverage: DKEGL's interest payments on its debt are well covered by EBIT (8.4x coverage).