Digikore Studios Balance Sheet Health
Financial Health criteria checks 4/6
Digikore Studios has a total shareholder equity of ₹419.7M and total debt of ₹87.2M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are ₹576.4M and ₹156.7M respectively. Digikore Studios's EBIT is ₹118.9M making its interest coverage ratio 9. It has cash and short-term investments of ₹7.0M.
Key information
20.8%
Debt to equity ratio
₹87.17m
Debt
Interest coverage ratio | 9x |
Cash | ₹6.99m |
Equity | ₹419.72m |
Total liabilities | ₹156.71m |
Total assets | ₹576.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIGIKORE's short term assets (₹365.9M) exceed its short term liabilities (₹68.0M).
Long Term Liabilities: DIGIKORE's short term assets (₹365.9M) exceed its long term liabilities (₹88.7M).
Debt to Equity History and Analysis
Debt Level: DIGIKORE's net debt to equity ratio (19.1%) is considered satisfactory.
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 (9x coverage).