DRC Systems India Balance Sheet Health
Financial Health criteria checks 5/6
DRC Systems India has a total shareholder equity of ₹374.2M and total debt of ₹7.3M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ₹449.5M and ₹75.3M respectively. DRC Systems India's EBIT is ₹58.6M making its interest coverage ratio 124.9. It has cash and short-term investments of ₹53.5M.
Key information
1.9%
Debt to equity ratio
₹7.28m
Debt
| Interest coverage ratio | 124.9x |
| Cash | ₹53.54m |
| Equity | ₹374.16m |
| Total liabilities | ₹75.32m |
| Total assets | ₹449.48m |
Recent financial health updates
No updates
Recent updates
DRC Systems India Limited (NSE:DRCSYSTEMS) Not Doing Enough For Some Investors As Its Shares Slump 27%
Mar 14
Here's Why DRC Systems India (NSE:DRCSYSTEMS) Has Caught The Eye Of Investors
Mar 06With EPS Growth And More, DRC Systems India (NSE:DRCSYSTEMS) Makes An Interesting Case
Nov 16Do DRC Systems India's (NSE:DRCSYSTEMS) Earnings Warrant Your Attention?
Aug 11Do DRC Systems India's (NSE:DRCSYSTEMS) Earnings Warrant Your Attention?
Mar 27DRC Systems India Limited (NSE:DRCSYSTEMS) Might Not Be As Mispriced As It Looks After Plunging 27%
Mar 01Financial Position Analysis
Short Term Liabilities: DRCSYSTEMS's short term assets (₹141.4M) exceed its short term liabilities (₹55.8M).
Long Term Liabilities: DRCSYSTEMS's short term assets (₹141.4M) exceed its long term liabilities (₹19.5M).
Debt to Equity History and Analysis
Debt Level: DRCSYSTEMS has more cash than its total debt.
Reducing Debt: DRCSYSTEMS's debt to equity ratio has increased from 0% to 1.9% over the past 5 years.
Debt Coverage: DRCSYSTEMS's debt is well covered by operating cash flow (1187.8%).
Interest Coverage: DRCSYSTEMS's interest payments on its debt are well covered by EBIT (124.9x coverage).