FDC Balance Sheet Health
Financial Health criteria checks 5/6
FDC has a total shareholder equity of ₹19.7B and total debt of ₹245.6M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹23.4B and ₹3.7B respectively. FDC's EBIT is ₹3.0B making its interest coverage ratio -14.8. It has cash and short-term investments of ₹3.8B.
Key information
1.2%
Debt to equity ratio
₹245.56m
Debt
Interest coverage ratio | -14.8x |
Cash | ₹3.83b |
Equity | ₹19.72b |
Total liabilities | ₹3.70b |
Total assets | ₹23.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531599's short term assets (₹9.8B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 531599's short term assets (₹9.8B) exceed its long term liabilities (₹489.4M).
Debt to Equity History and Analysis
Debt Level: 531599 has more cash than its total debt.
Reducing Debt: 531599's debt to equity ratio has increased from 0.1% to 1.2% over the past 5 years.
Debt Coverage: 531599's debt is well covered by operating cash flow (872.6%).
Interest Coverage: 531599 earns more interest than it pays, so coverage of interest payments is not a concern.