DRS Dilip Roadlines Balance Sheet Health
Financial Health criteria checks 5/6
DRS Dilip Roadlines has a total shareholder equity of ₹324.3M and total debt of ₹14.1M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are ₹640.7M and ₹316.3M respectively. DRS Dilip Roadlines's EBIT is ₹171.0K making its interest coverage ratio -0. It has cash and short-term investments of ₹151.5M.
Key information
4.4%
Debt to equity ratio
₹14.11m
Debt
| Interest coverage ratio | -0.008x |
| Cash | ₹151.51m |
| Equity | ₹324.34m |
| Total liabilities | ₹316.32m |
| Total assets | ₹640.66m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DRSDILIP's short term assets (₹243.4M) do not cover its short term liabilities (₹300.3M).
Long Term Liabilities: DRSDILIP's short term assets (₹243.4M) exceed its long term liabilities (₹16.0M).
Debt to Equity History and Analysis
Debt Level: DRSDILIP has more cash than its total debt.
Reducing Debt: DRSDILIP's debt to equity ratio has reduced from 49.8% to 4.4% over the past 5 years.
Debt Coverage: DRSDILIP's debt is well covered by operating cash flow (834.9%).
Interest Coverage: DRSDILIP earns more interest than it pays, so coverage of interest payments is not a concern.