Darjeeling Ropeway Balance Sheet Health
Financial Health criteria checks 3/6
Darjeeling Ropeway has a total shareholder equity of ₹50.3M and total debt of ₹41.8M, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are ₹93.9M and ₹43.6M respectively. Darjeeling Ropeway's EBIT is ₹3.9M making its interest coverage ratio 3896.4. It has cash and short-term investments of ₹1.2M.
Key information
83.0%
Debt to equity ratio
₹41.79m
Debt
| Interest coverage ratio | 3896.4x |
| Cash | ₹1.15m |
| Equity | ₹50.32m |
| Total liabilities | ₹43.61m |
| Total assets | ₹93.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539770's short term assets (₹87.9M) exceed its short term liabilities (₹1.8M).
Long Term Liabilities: 539770's short term assets (₹87.9M) exceed its long term liabilities (₹41.8M).
Debt to Equity History and Analysis
Debt Level: 539770's net debt to equity ratio (80.8%) is considered high.
Reducing Debt: 539770's debt to equity ratio has increased from 13% to 83% over the past 5 years.
Debt Coverage: 539770's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539770's interest payments on its debt are well covered by EBIT (3896.4x coverage).