Mercury Ev-Tech Limited

BSE:531357 Stock Report

Market Cap: ₹16.7b

Mercury Ev-Tech Balance Sheet Health

Financial Health criteria checks 3/6

Mercury Ev-Tech has a total shareholder equity of ₹783.6M and total debt of ₹745.5M, which brings its debt-to-equity ratio to 95.1%. Its total assets and total liabilities are ₹1.9B and ₹1.1B respectively. Mercury Ev-Tech's EBIT is ₹41.8M making its interest coverage ratio 23.1. It has cash and short-term investments of ₹16.5M.

Key information

95.1%

Debt to equity ratio

₹745.55m

Debt

Interest coverage ratio23.1x
Cash₹16.49m
Equity₹783.60m
Total liabilities₹1.10b
Total assets₹1.88b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 531357's short term assets (₹1.0B) exceed its short term liabilities (₹411.1M).

Long Term Liabilities: 531357's short term assets (₹1.0B) exceed its long term liabilities (₹686.8M).

Debt to Equity History and Analysis

Debt Level: 531357's net debt to equity ratio (93%) is considered high.

Reducing Debt: 531357's debt to equity ratio has increased from 0% to 95.1% over the past 5 years.

Debt Coverage: 531357's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 531357's interest payments on its debt are well covered by EBIT (23.1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 03:20
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Mercury Ev-Tech Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution