Mahindra & Mahindra Balance Sheet Health
Financial Health criteria checks 3/6
Mahindra & Mahindra has a total shareholder equity of ₹775.1B and total debt of ₹1,052.2B, which brings its debt-to-equity ratio to 135.8%. Its total assets and total liabilities are ₹2,363.0B and ₹1,587.9B respectively. Mahindra & Mahindra's EBIT is ₹223.8B making its interest coverage ratio 3. It has cash and short-term investments of ₹256.5B.
Key information
135.8%
Debt to equity ratio
₹1.05t
Debt
Interest coverage ratio | 3x |
Cash | ₹256.47b |
Equity | ₹775.09b |
Total liabilities | ₹1.59t |
Total assets | ₹2.36t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOM's short term assets (₹982.7B) exceed its short term liabilities (₹755.5B).
Long Term Liabilities: MOM's short term assets (₹982.7B) exceed its long term liabilities (₹832.5B).
Debt to Equity History and Analysis
Debt Level: MOM's net debt to equity ratio (102.7%) is considered high.
Reducing Debt: MOM's debt to equity ratio has reduced from 146.6% to 135.8% over the past 5 years.
Debt Coverage: MOM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MOM's interest payments on its debt are not well covered by EBIT (3x coverage).