Danube Industries Balance Sheet Health
Financial Health criteria checks 3/6
Danube Industries has a total shareholder equity of ₹164.0M and total debt of ₹213.9M, which brings its debt-to-equity ratio to 130.4%. Its total assets and total liabilities are ₹607.2M and ₹443.2M respectively. Danube Industries's EBIT is ₹31.6M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹36.6M.
Key information
130.4%
Debt to equity ratio
₹213.87m
Debt
Interest coverage ratio | 3.3x |
Cash | ₹36.65m |
Equity | ₹164.02m |
Total liabilities | ₹443.22m |
Total assets | ₹607.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540361's short term assets (₹490.3M) exceed its short term liabilities (₹356.9M).
Long Term Liabilities: 540361's short term assets (₹490.3M) exceed its long term liabilities (₹86.4M).
Debt to Equity History and Analysis
Debt Level: 540361's net debt to equity ratio (108.1%) is considered high.
Reducing Debt: 540361's debt to equity ratio has increased from 3.2% to 130.4% over the past 5 years.
Debt Coverage: 540361's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540361's interest payments on its debt are well covered by EBIT (3.3x coverage).