Mahindra & Mahindra Balance Sheet Health
Financial Health criteria checks 3/6
Mahindra & Mahindra has a total shareholder equity of ₹818.5B and total debt of ₹1,156.5B, which brings its debt-to-equity ratio to 141.3%. Its total assets and total liabilities are ₹2,552.8B and ₹1,734.3B respectively. Mahindra & Mahindra's EBIT is ₹240.3B making its interest coverage ratio 3. It has cash and short-term investments of ₹302.5B.
Key information
141.3%
Debt to equity ratio
₹1.16t
Debt
| Interest coverage ratio | 3x |
| Cash | ₹302.53b |
| Equity | ₹818.50b |
| Total liabilities | ₹1.73t |
| Total assets | ₹2.55t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHID's short term assets (₹1,128.8B) exceed its short term liabilities (₹860.3B).
Long Term Liabilities: MHID's short term assets (₹1,128.8B) exceed its long term liabilities (₹874.0B).
Debt to Equity History and Analysis
Debt Level: MHID's net debt to equity ratio (104.3%) is considered high.
Reducing Debt: MHID's debt to equity ratio has reduced from 168.1% to 141.3% 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 not well covered by EBIT (3x coverage).