MRF Balance Sheet Health
Financial Health criteria checks 6/6
MRF has a total shareholder equity of ₹158.3B and total debt of ₹31.4B, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are ₹258.1B and ₹99.8B respectively. MRF's EBIT is ₹28.8B making its interest coverage ratio 11.9. It has cash and short-term investments of ₹24.2B.
Key information
19.8%
Debt to equity ratio
₹31.35b
Debt
Interest coverage ratio | 11.9x |
Cash | ₹24.21b |
Equity | ₹158.31b |
Total liabilities | ₹99.78b |
Total assets | ₹258.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500290's short term assets (₹97.9B) exceed its short term liabilities (₹77.0B).
Long Term Liabilities: 500290's short term assets (₹97.9B) exceed its long term liabilities (₹22.7B).
Debt to Equity History and Analysis
Debt Level: 500290's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: 500290's debt to equity ratio has reduced from 22.9% to 19.8% over the past 5 years.
Debt Coverage: 500290's debt is well covered by operating cash flow (106.1%).
Interest Coverage: 500290's interest payments on its debt are well covered by EBIT (11.9x coverage).