Digicontent Balance Sheet Health
Financial Health criteria checks 2/6
Digicontent has a total shareholder equity of ₹11.5M and total debt of ₹885.0M, which brings its debt-to-equity ratio to 7695.7%. Its total assets and total liabilities are ₹2.4B and ₹2.4B respectively. Digicontent's EBIT is ₹275.1M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹156.4M.
Key information
7,695.7%
Debt to equity ratio
₹885.00m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹156.40m |
| Equity | ₹11.50m |
| Total liabilities | ₹2.38b |
| Total assets | ₹2.39b |
Recent financial health updates
We Think Digicontent (NSE:DGCONTENT) Can Stay On Top Of Its Debt
May 27
Is Digicontent (NSE:DGCONTENT) Using Debt Sensibly?
Dec 30Recent updates
Digicontent Limited's (NSE:DGCONTENT) Shares Leap 25% Yet They're Still Not Telling The Full Story
May 09Investors Met With Slowing Returns on Capital At Digicontent (NSE:DGCONTENT)
Apr 02Digicontent's (NSE:DGCONTENT) Returns Have Hit A Wall
Nov 18Why Investors Shouldn't Be Surprised By Digicontent Limited's (NSE:DGCONTENT) 26% Share Price Plunge
Jul 21Digicontent's (NSE:DGCONTENT) Robust Earnings Are Supported By Other Strong Factors
May 31We Think Digicontent (NSE:DGCONTENT) Can Stay On Top Of Its Debt
May 27Digicontent's (NSE:DGCONTENT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Aug 02Is Digicontent (NSE:DGCONTENT) Using Debt Sensibly?
Dec 30Financial Position Analysis
Short Term Liabilities: DGCONTENT's short term assets (₹1.3B) exceed its short term liabilities (₹813.8M).
Long Term Liabilities: DGCONTENT's short term assets (₹1.3B) do not cover its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: DGCONTENT's net debt to equity ratio (6335.7%) is considered high.
Reducing Debt: DGCONTENT's debt to equity ratio has increased from 123.3% to 7695.7% over the past 5 years.
Debt Coverage: DGCONTENT's debt is well covered by operating cash flow (25.5%).
Interest Coverage: DGCONTENT's interest payments on its debt are not well covered by EBIT (1.6x coverage).