Mahindra & Mahindra Balance Sheet Health
Financial Health criteria checks 3/6
Mahindra & Mahindra has a total shareholder equity of ₹710.4B and total debt of ₹997.1B, which brings its debt-to-equity ratio to 140.4%. Its total assets and total liabilities are ₹2,207.7B and ₹1,497.3B respectively. Mahindra & Mahindra's EBIT is ₹213.0B making its interest coverage ratio 3. It has cash and short-term investments of ₹221.8B.
Key information
140.4%
Debt to equity ratio
₹997.12b
Debt
Interest coverage ratio | 3x |
Cash | ₹221.84b |
Equity | ₹710.43b |
Total liabilities | ₹1.50t |
Total assets | ₹2.21t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHID's short term assets (₹960.3B) exceed its short term liabilities (₹735.7B).
Long Term Liabilities: MHID's short term assets (₹960.3B) exceed its long term liabilities (₹761.6B).
Debt to Equity History and Analysis
Debt Level: MHID's net debt to equity ratio (109.1%) is considered high.
Reducing Debt: MHID's debt to equity ratio has increased from 139.5% to 140.4% over the past 5 years.
Debt Coverage: MHID's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MHID's interest payments on its debt are well covered by EBIT (3x coverage).