DRS Dilip Roadlines Balance Sheet Health
Financial Health criteria checks 5/6
DRS Dilip Roadlines has a total shareholder equity of ₹279.1M and total debt of ₹63.7M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are ₹698.7M and ₹419.6M respectively. DRS Dilip Roadlines's EBIT is ₹18.6M making its interest coverage ratio -1. It has cash and short-term investments of ₹20.8M.
Key information
22.8%
Debt to equity ratio
₹63.65m
Debt
| Interest coverage ratio | -1x |
| Cash | ₹20.81m |
| Equity | ₹279.10m |
| Total liabilities | ₹419.64m |
| Total assets | ₹698.74m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DRSDILIP's short term assets (₹175.7M) do not cover its short term liabilities (₹401.7M).
Long Term Liabilities: DRSDILIP's short term assets (₹175.7M) exceed its long term liabilities (₹18.0M).
Debt to Equity History and Analysis
Debt Level: DRSDILIP's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: DRSDILIP's debt to equity ratio has reduced from 50.8% to 22.8% over the past 5 years.
Debt Coverage: DRSDILIP's debt is well covered by operating cash flow (213.5%).
Interest Coverage: DRSDILIP earns more interest than it pays, so coverage of interest payments is not a concern.