DRC Systems India Balance Sheet Health
Financial Health criteria checks 6/6
DRC Systems India has a total shareholder equity of ₹561.5M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹796.8M and ₹235.4M respectively. DRC Systems India's EBIT is ₹170.8M making its interest coverage ratio 1138.4. It has cash and short-term investments of ₹22.7M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 1138.4x |
| Cash | ₹22.69m |
| Equity | ₹561.45m |
| Total liabilities | ₹235.37m |
| Total assets | ₹796.82m |
Recent financial health updates
No updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at DRC Systems India Limited (NSE:DRCSYSTEMS)
Sep 11
Do DRC Systems India's (NSE:DRCSYSTEMS) Earnings Warrant Your Attention?
Aug 23Earnings Not Telling The Story For DRC Systems India Limited (NSE:DRCSYSTEMS) After Shares Rise 38%
Jun 14DRC Systems India's (NSE:DRCSYSTEMS) Profits May Not Reveal Underlying Issues
May 29DRC Systems India Limited (NSE:DRCSYSTEMS) Not Doing Enough For Some Investors As Its Shares Slump 27%
Mar 14Here'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 (₹259.5M) exceed its short term liabilities (₹218.0M).
Long Term Liabilities: DRCSYSTEMS's short term assets (₹259.5M) exceed its long term liabilities (₹17.4M).
Debt to Equity History and Analysis
Debt Level: DRCSYSTEMS is debt free.
Reducing Debt: DRCSYSTEMS had no debt 5 years ago.
Debt Coverage: DRCSYSTEMS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DRCSYSTEMS has no debt, therefore coverage of interest payments is not a concern.