DiGiSPICE Technologies Balance Sheet Health
Financial Health criteria checks 6/6
DiGiSPICE Technologies has a total shareholder equity of ₹2.5B and total debt of ₹260.4M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are ₹6.5B and ₹4.0B respectively. DiGiSPICE Technologies's EBIT is ₹118.3M making its interest coverage ratio -5.4. It has cash and short-term investments of ₹3.8B.
Key information
10.5%
Debt to equity ratio
₹260.40m
Debt
| Interest coverage ratio | -5.4x |
| Cash | ₹3.75b |
| Equity | ₹2.47b |
| Total liabilities | ₹4.02b |
| Total assets | ₹6.49b |
Recent financial health updates
Is DiGiSPICE Technologies (NSE:DIGISPICE) Using Too Much Debt?
Jul 19
Is DiGiSPICE Technologies (NSE:DIGISPICE) A Risky Investment?
Aug 04DiGiSPICE Technologies (NSE:DIGISPICE) Has Debt But No Earnings; Should You Worry?
Jan 24Does DiGiSPICE Technologies (NSE:DIGISPICE) Have A Healthy Balance Sheet?
Aug 13Does DiGiSPICE Technologies (NSE:DIGISPICE) Have A Healthy Balance Sheet?
Mar 24Is DiGiSPICE Technologies (NSE:DIGISPICE) Using Too Much Debt?
Dec 08
Recent updates
Is DiGiSPICE Technologies (NSE:DIGISPICE) Using Too Much Debt?
Jul 19There's No Escaping DiGiSPICE Technologies Limited's (NSE:DIGISPICE) Muted Revenues Despite A 26% Share Price Rise
Jun 19DiGiSPICE Technologies (NSE:DIGISPICE) Is Looking To Continue Growing Its Returns On Capital
Jun 12Slammed 27% DiGiSPICE Technologies Limited (NSE:DIGISPICE) Screens Well Here But There Might Be A Catch
Mar 16DiGiSPICE Technologies Limited (NSE:DIGISPICE) Stock Rockets 28% But Many Are Still Ignoring The Company
Jan 30Is DiGiSPICE Technologies (NSE:DIGISPICE) A Risky Investment?
Aug 04DiGiSPICE Technologies (NSE:DIGISPICE) Has Debt But No Earnings; Should You Worry?
Jan 24Does DiGiSPICE Technologies (NSE:DIGISPICE) Have A Healthy Balance Sheet?
Aug 13DiGiSPICE Technologies' (NSE:DIGISPICE) Strong Earnings Are Of Good Quality
Jun 16Does DiGiSPICE Technologies (NSE:DIGISPICE) Have A Healthy Balance Sheet?
Mar 24DiGiSPICE Technologies (NSE:DIGISPICE) Shareholders Have Enjoyed A Whopping 638% Share Price Gain
Jan 30Is DiGiSPICE Technologies (NSE:DIGISPICE) Using Too Much Debt?
Dec 08Is DiGiSPICE Technologies (NSE:DIGISPICE) Using Debt Sensibly?
Aug 25Should DiGiSPICE Technologies Limited (NSE:DIGISPICE) Be Part Of Your Dividend Portfolio?
Jul 03Financial Position Analysis
Short Term Liabilities: DIGISPICE's short term assets (₹4.7B) exceed its short term liabilities (₹3.7B).
Long Term Liabilities: DIGISPICE's short term assets (₹4.7B) exceed its long term liabilities (₹317.6M).
Debt to Equity History and Analysis
Debt Level: DIGISPICE has more cash than its total debt.
Reducing Debt: DIGISPICE's debt to equity ratio has reduced from 19.1% to 10.5% over the past 5 years.
Debt Coverage: DIGISPICE's debt is well covered by operating cash flow (160.4%).
Interest Coverage: DIGISPICE earns more interest than it pays, so coverage of interest payments is not a concern.