Ducol Organics And Colours Balance Sheet Health
Financial Health criteria checks 4/6
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 2.4. It has cash and short-term investments of ₹274.1M.
Key information
32.4%
Debt to equity ratio
₹203.56m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹274.11m |
| Equity | ₹627.43m |
| Total liabilities | ₹353.62m |
| Total assets | ₹981.05m |
Recent financial health updates
Financial 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's interest payments on its debt are not well covered by EBIT (2.4x coverage).