Destiny Logistics & Infra Balance Sheet Health
Financial Health criteria checks 5/6
Destiny Logistics & Infra has a total shareholder equity of ₹300.7M and total debt of ₹97.0M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are ₹612.2M and ₹311.4M respectively. Destiny Logistics & Infra's EBIT is ₹57.3M making its interest coverage ratio 5.6. It has cash and short-term investments of ₹3.9M.
Key information
32.3%
Debt to equity ratio
₹96.99m
Debt
| Interest coverage ratio | 5.6x |
| Cash | ₹3.92m |
| Equity | ₹300.74m |
| Total liabilities | ₹311.41m |
| Total assets | ₹612.15m |
Recent financial health updates
Recent updates
Destiny Logistics & Infra Limited's (NSE:DESTINY) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Aug 25
Is Destiny Logistics & Infra (NSE:DESTINY) Using Too Much Debt?
Jun 27Do Destiny Logistics & Infra's (NSE:DESTINY) Earnings Warrant Your Attention?
Aug 30Destiny Logistics & Infra Limited (NSE:DESTINY) Soars 25% But It's A Story Of Risk Vs Reward
Oct 30Financial Position Analysis
Short Term Liabilities: DESTINY's short term assets (₹375.1M) exceed its short term liabilities (₹305.4M).
Long Term Liabilities: DESTINY's short term assets (₹375.1M) exceed its long term liabilities (₹6.0M).
Debt to Equity History and Analysis
Debt Level: DESTINY's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: DESTINY's debt to equity ratio has reduced from 134.7% to 32.3% over the past 5 years.
Debt Coverage: DESTINY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DESTINY's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:34 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Destiny Logistics & Infra Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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