Ducol Organics And Colours Balance Sheet Health
Financial Health criteria checks 5/6
Ducol Organics And Colours has a total shareholder equity of ₹627.4M and total debt of ₹203.6M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are ₹981.1M and ₹353.6M respectively. Ducol Organics And Colours's EBIT is ₹42.4M making its interest coverage ratio -15.3. It has cash and short-term investments of ₹274.1M.
Key information
32.4%
Debt to equity ratio
₹203.56m
Debt
| Interest coverage ratio | -15.3x |
| Cash | ₹274.11m |
| Equity | ₹627.43m |
| Total liabilities | ₹353.62m |
| Total assets | ₹981.05m |
Recent financial health updates
Recent updates
What Ducol Organics And Colours Limited's (NSE:DUCOL) P/E Is Not Telling You
Oct 27
Ducol Organics And Colours Limited's (NSE:DUCOL) Shares Climb 26% But Its Business Is Yet to Catch Up
Jul 02A Look At The Fair Value Of Ducol Organics And Colours Limited (NSE:DUCOL)
Jun 12These 4 Measures Indicate That Ducol Organics And Colours (NSE:DUCOL) Is Using Debt Extensively
Feb 17Financial Position Analysis
Short Term Liabilities: DUCOL's short term assets (₹612.2M) exceed its short term liabilities (₹268.5M).
Long Term Liabilities: DUCOL's short term assets (₹612.2M) exceed its long term liabilities (₹85.1M).
Debt to Equity History and Analysis
Debt Level: DUCOL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DUCOL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DUCOL's debt is well covered by operating cash flow (56.7%).
Interest Coverage: DUCOL earns more interest than it pays, so coverage of interest payments is not a concern.