DRS Dilip Roadlines Balance Sheet Health
Financial Health criteria checks 5/6
DRS Dilip Roadlines has a total shareholder equity of ₹280.8M and total debt of ₹60.5M, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are ₹717.6M and ₹436.9M respectively. DRS Dilip Roadlines's EBIT is ₹62.5M making its interest coverage ratio 14. It has cash and short-term investments of ₹9.8M.
Key information
21.6%
Debt to equity ratio
₹60.54m
Debt
| Interest coverage ratio | 14x |
| Cash | ₹9.77m |
| Equity | ₹280.76m |
| Total liabilities | ₹436.87m |
| Total assets | ₹717.63m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DRSDILIP's short term assets (₹219.0M) do not cover its short term liabilities (₹411.5M).
Long Term Liabilities: DRSDILIP's short term assets (₹219.0M) exceed its long term liabilities (₹25.4M).
Debt to Equity History and Analysis
Debt Level: DRSDILIP's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: DRSDILIP's debt to equity ratio has reduced from 129.5% to 21.6% over the past 5 years.
Debt Coverage: DRSDILIP's debt is well covered by operating cash flow (304%).
Interest Coverage: DRSDILIP's interest payments on its debt are well covered by EBIT (14x coverage).