Menon Bearings Balance Sheet Health
Financial Health criteria checks 6/6
Menon Bearings has a total shareholder equity of ₹1.3B and total debt of ₹243.2M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are ₹1.8B and ₹470.8M respectively. Menon Bearings's EBIT is ₹380.2M making its interest coverage ratio 15.6. It has cash and short-term investments of ₹200.8M.
Key information
18.2%
Debt to equity ratio
₹243.24m
Debt
Interest coverage ratio | 15.6x |
Cash | ₹200.77m |
Equity | ₹1.34b |
Total liabilities | ₹470.79m |
Total assets | ₹1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523828's short term assets (₹949.6M) exceed its short term liabilities (₹254.8M).
Long Term Liabilities: 523828's short term assets (₹949.6M) exceed its long term liabilities (₹216.0M).
Debt to Equity History and Analysis
Debt Level: 523828's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 523828's debt to equity ratio has reduced from 38.6% to 18.2% over the past 5 years.
Debt Coverage: 523828's debt is well covered by operating cash flow (187.6%).
Interest Coverage: 523828's interest payments on its debt are well covered by EBIT (15.6x coverage).