Digidrive Distributors Balance Sheet Health
Financial Health criteria checks 6/6
Digidrive Distributors has a total shareholder equity of ₹2.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹2.5B and ₹253.8M respectively. Digidrive Distributors's EBIT is ₹57.1M making its interest coverage ratio 190.3. It has cash and short-term investments of ₹181.0M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 190.3x |
| Cash | ₹181.00m |
| Equity | ₹2.26b |
| Total liabilities | ₹253.80m |
| Total assets | ₹2.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIGIDRIVE's short term assets (₹299.6M) exceed its short term liabilities (₹63.1M).
Long Term Liabilities: DIGIDRIVE's short term assets (₹299.6M) exceed its long term liabilities (₹190.7M).
Debt to Equity History and Analysis
Debt Level: DIGIDRIVE is debt free.
Reducing Debt: DIGIDRIVE has not had any debt for past 5 years.
Debt Coverage: DIGIDRIVE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DIGIDRIVE has no debt, therefore coverage of interest payments is not a concern.