Digikore Studios Balance Sheet Health
Financial Health criteria checks 3/6
Digikore Studios has a total shareholder equity of ₹448.3M and total debt of ₹252.6M, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are ₹803.2M and ₹354.9M respectively. Digikore Studios's EBIT is ₹75.9M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹6.4M.
Key information
56.3%
Debt to equity ratio
₹252.61m
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹6.40m |
| Equity | ₹448.33m |
| Total liabilities | ₹354.86m |
| Total assets | ₹803.18m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DIGIKORE's short term assets (₹566.5M) exceed its short term liabilities (₹257.1M).
Long Term Liabilities: DIGIKORE's short term assets (₹566.5M) exceed its long term liabilities (₹97.7M).
Debt to Equity History and Analysis
Debt Level: DIGIKORE's net debt to equity ratio (54.9%) is considered high.
Reducing Debt: Insufficient data to determine if DIGIKORE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DIGIKORE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DIGIKORE's interest payments on its debt are well covered by EBIT (5.5x coverage).