Devoted Construction Balance Sheet Health
Financial Health criteria checks 2/6
Devoted Construction has a total shareholder equity of ₹88.3M and total debt of ₹1.2B, which brings its debt-to-equity ratio to 1410.5%. Its total assets and total liabilities are ₹1.5B and ₹1.4B respectively.
Key information
1,410.5%
Debt to equity ratio
₹1.25b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹504.00k |
| Equity | ₹88.29m |
| Total liabilities | ₹1.40b |
| Total assets | ₹1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542002's short term assets (₹1.5B) exceed its short term liabilities (₹2.2M).
Long Term Liabilities: 542002's short term assets (₹1.5B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 542002's net debt to equity ratio (1409.9%) is considered high.
Reducing Debt: Insufficient data to determine if 542002's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 542002's debt is not well covered by operating cash flow (0%).
Interest Coverage: Insufficient data to determine if 542002's interest payments on its debt are well covered by EBIT.