DC Infotech and Communication Balance Sheet Health
Financial Health criteria checks 4/6
DC Infotech and Communication has a total shareholder equity of ₹347.7M and total debt of ₹355.1M, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are ₹1.7B and ₹1.3B respectively. DC Infotech and Communication's EBIT is ₹174.5M making its interest coverage ratio 5.2. It has cash and short-term investments of ₹56.3M.
Key information
102.1%
Debt to equity ratio
₹355.06m
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₹56.28m |
| Equity | ₹347.68m |
| Total liabilities | ₹1.33b |
| Total assets | ₹1.68b |
Recent financial health updates
Is DC Infotech and Communication (NSE:DCI) Using Too Much Debt?
Nov 14
Does DC Infotech and Communication (NSE:DCI) Have A Healthy Balance Sheet?
Jun 06Here's Why DC Infotech and Communication (NSE:DCI) Has A Meaningful Debt Burden
Mar 08Recent updates
Why Investors Shouldn't Be Surprised By DC Infotech and Communication Limited's (NSE:DCI) 27% Share Price Surge
Apr 11Do DC Infotech and Communication's (NSE:DCI) Earnings Warrant Your Attention?
Mar 16DC Infotech and Communication Limited's (NSE:DCI) Shares Leap 27% Yet They're Still Not Telling The Full Story
Jan 22Is DC Infotech and Communication (NSE:DCI) Using Too Much Debt?
Nov 14It's Unlikely That DC Infotech and Communication Limited's (NSE:DCI) CEO Will See A Huge Pay Rise This Year
Sep 22Does DC Infotech and Communication (NSE:DCI) Have A Healthy Balance Sheet?
Jun 06We Ran A Stock Scan For Earnings Growth And DC Infotech and Communication (NSE:DCI) Passed With Ease
Mar 20Is Now The Time To Put DC Infotech and Communication (NSE:DCI) On Your Watchlist?
Nov 05Here's Why DC Infotech and Communication (NSE:DCI) Has A Meaningful Debt Burden
Mar 08DC Infotech and Communication Limited (NSE:DCI) Delivered A Better ROE Than Its Industry
Jan 14
Why Investors Shouldn't Be Surprised By DC Infotech and Communication Limited's (NSE:DCI) Low P/E
Nov 18Financial Position Analysis
Short Term Liabilities: DCI's short term assets (₹1.7B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: DCI's short term assets (₹1.7B) exceed its long term liabilities (₹34.6M).
Debt to Equity History and Analysis
Debt Level: DCI's net debt to equity ratio (85.9%) is considered high.
Reducing Debt: DCI's debt to equity ratio has reduced from 281.2% to 102.1% over the past 5 years.
Debt Coverage: DCI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DCI's interest payments on its debt are well covered by EBIT (5.2x coverage).