Menon Bearings Balance Sheet Health
Financial Health criteria checks 6/6
Menon Bearings has a total shareholder equity of ₹1.5B and total debt of ₹468.8M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are ₹2.3B and ₹819.1M respectively. Menon Bearings's EBIT is ₹343.3M making its interest coverage ratio 13.5. It has cash and short-term investments of ₹271.9M.
Key information
32.0%
Debt to equity ratio
₹468.83m
Debt
| Interest coverage ratio | 13.5x |
| Cash | ₹271.90m |
| Equity | ₹1.47b |
| Total liabilities | ₹819.09m |
| Total assets | ₹2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523828's short term assets (₹1.2B) exceed its short term liabilities (₹567.5M).
Long Term Liabilities: 523828's short term assets (₹1.2B) exceed its long term liabilities (₹251.6M).
Debt to Equity History and Analysis
Debt Level: 523828's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: 523828's debt to equity ratio has reduced from 45.6% to 32% over the past 5 years.
Debt Coverage: 523828's debt is well covered by operating cash flow (37.8%).
Interest Coverage: 523828's interest payments on its debt are well covered by EBIT (13.5x coverage).