Daps Advertising Balance Sheet Health
Financial Health criteria checks 5/6
Daps Advertising has a total shareholder equity of ₹153.3M and total debt of ₹2.2M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ₹195.8M and ₹42.4M respectively. Daps Advertising's EBIT is ₹18.9M making its interest coverage ratio -10.2. It has cash and short-term investments of ₹72.2M.
Key information
1.5%
Debt to equity ratio
₹2.23m
Debt
Interest coverage ratio | -10.2x |
Cash | ₹72.16m |
Equity | ₹153.33m |
Total liabilities | ₹42.43m |
Total assets | ₹195.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543651's short term assets (₹181.8M) exceed its short term liabilities (₹40.5M).
Long Term Liabilities: 543651's short term assets (₹181.8M) exceed its long term liabilities (₹2.0M).
Debt to Equity History and Analysis
Debt Level: 543651 has more cash than its total debt.
Reducing Debt: 543651's debt to equity ratio has reduced from 28.9% to 1.5% over the past 5 years.
Debt Coverage: 543651's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543651 earns more interest than it pays, so coverage of interest payments is not a concern.