Diligent Media Balance Sheet Health
Financial Health criteria checks 1/6
Diligent Media has a total shareholder equity of ₹-3.9B and total debt of ₹4.4B, which brings its debt-to-equity ratio to -112.3%. Its total assets and total liabilities are ₹2.3B and ₹6.2B respectively. Diligent Media's EBIT is ₹17.4M making its interest coverage ratio -0.2. It has cash and short-term investments of ₹1.7M.
Key information
-112.3%
Debt to equity ratio
₹4.36b
Debt
| Interest coverage ratio | -0.2x |
| Cash | ₹1.75m |
| Equity | -₹3.89b |
| Total liabilities | ₹6.18b |
| Total assets | ₹2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DNAMEDIA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DNAMEDIA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: DNAMEDIA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DNAMEDIA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DNAMEDIA's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: DNAMEDIA earns more interest than it pays, so coverage of interest payments is not a concern.