Diesel & Motor Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Diesel & Motor Engineering has a total shareholder equity of LKR16.6B and total debt of LKR26.9B, which brings its debt-to-equity ratio to 162.6%. Its total assets and total liabilities are LKR53.8B and LKR37.3B respectively. Diesel & Motor Engineering's EBIT is LKR2.5B making its interest coverage ratio 1. It has cash and short-term investments of LKR3.0B.
Key information
162.6%
Debt to equity ratio
LK₨26.91b
Debt
| Interest coverage ratio | 1x |
| Cash | LK₨2.96b |
| Equity | LK₨16.55b |
| Total liabilities | LK₨37.27b |
| Total assets | LK₨53.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIMO.N0000's short term assets (LKR31.9B) exceed its short term liabilities (LKR30.1B).
Long Term Liabilities: DIMO.N0000's short term assets (LKR31.9B) exceed its long term liabilities (LKR7.2B).
Debt to Equity History and Analysis
Debt Level: DIMO.N0000's net debt to equity ratio (144.7%) is considered high.
Reducing Debt: DIMO.N0000's debt to equity ratio has increased from 87.6% to 162.6% over the past 5 years.
Debt Coverage: DIMO.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DIMO.N0000's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:21 |
| End of Day Share Price | 2024/12/23 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
Diesel & Motor Engineering PLC 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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