Menon Pistons Balance Sheet Health
Financial Health criteria checks 5/6
Menon Pistons has a total shareholder equity of ₹1.3B and total debt of ₹203.7M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are ₹1.9B and ₹581.6M respectively. Menon Pistons's EBIT is ₹359.3M making its interest coverage ratio 24.6. It has cash and short-term investments of ₹26.2M.
Key information
16.0%
Debt to equity ratio
₹203.70m
Debt
Interest coverage ratio | 24.6x |
Cash | ₹26.16m |
Equity | ₹1.27b |
Total liabilities | ₹581.63m |
Total assets | ₹1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531727's short term assets (₹960.8M) exceed its short term liabilities (₹494.0M).
Long Term Liabilities: 531727's short term assets (₹960.8M) exceed its long term liabilities (₹87.7M).
Debt to Equity History and Analysis
Debt Level: 531727's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: 531727's debt to equity ratio has increased from 4.3% to 16% over the past 5 years.
Debt Coverage: 531727's debt is well covered by operating cash flow (145.9%).
Interest Coverage: 531727's interest payments on its debt are well covered by EBIT (24.6x coverage).