Danlaw Technologies India Balance Sheet Health
Financial Health criteria checks 3/6
Danlaw Technologies India has a total shareholder equity of ₹454.7M and total debt of ₹328.8M, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are ₹1.2B and ₹768.1M respectively. Danlaw Technologies India's EBIT is ₹296.7M making its interest coverage ratio 11.3. It has cash and short-term investments of ₹46.8M.
Key information
72.3%
Debt to equity ratio
₹328.83m
Debt
Interest coverage ratio | 11.3x |
Cash | ₹46.84m |
Equity | ₹454.71m |
Total liabilities | ₹768.07m |
Total assets | ₹1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532329's short term assets (₹901.7M) exceed its short term liabilities (₹377.5M).
Long Term Liabilities: 532329's short term assets (₹901.7M) exceed its long term liabilities (₹390.6M).
Debt to Equity History and Analysis
Debt Level: 532329's net debt to equity ratio (62%) is considered high.
Reducing Debt: 532329's debt to equity ratio has increased from 0% to 72.3% over the past 5 years.
Debt Coverage: 532329's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 532329's interest payments on its debt are well covered by EBIT (11.3x coverage).