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
Menon Bearings (NSE:MENONBE) Has A Rock Solid Balance Sheet
Mar 24
These 4 Measures Indicate That Menon Bearings (NSE:MENONBE) Is Using Debt Reasonably Well
Aug 10Menon Bearings (NSE:MENONBE) Seems To Use Debt Quite Sensibly
Mar 22Is Menon Bearings (NSE:MENONBE) A Risky Investment?
Sep 07Recent updates
Menon Bearings Limited's (NSE:MENONBE) Business And Shares Still Trailing The Market
Apr 04Menon Bearings (NSE:MENONBE) Will Be Hoping To Turn Its Returns On Capital Around
Mar 12Menon Bearings (NSE:MENONBE) Is Increasing Its Dividend To ₹2.25
Jul 20Does Menon Bearings (NSE:MENONBE) Deserve A Spot On Your Watchlist?
May 10We Think The Compensation For Menon Bearings Limited's (NSE:MENONBE) CEO Looks About Right
Sep 16Returns On Capital At Menon Bearings (NSE:MENONBE) Paint A Concerning Picture
Sep 10Menon Bearings (NSE:MENONBE) Has A Rock Solid Balance Sheet
Mar 24These 4 Measures Indicate That Menon Bearings (NSE:MENONBE) Is Using Debt Reasonably Well
Aug 10Menon Bearings Limited's (NSE:MENONBE) CEO Compensation Is Looking A Bit Stretched At The Moment
Jul 23Be Wary Of Menon Bearings (NSE:MENONBE) And Its Returns On Capital
May 06Is Menon Bearings Limited (NSE:MENONBE) A Smart Pick For Income Investors?
Apr 12Menon Bearings (NSE:MENONBE) Seems To Use Debt Quite Sensibly
Mar 22The Executive Chairman & Joint MD of Menon Bearings Limited (NSE:MENONBE), Nitin Menon, Just Bought A Few More Shares
Mar 02How Much is Menon Bearings' (NSE:MENONBE) CEO Getting Paid?
Feb 21Here's What To Make Of Menon Bearings' (NSE:MENONBE) Returns On Capital
Feb 01
Menon Bearings Limited's (NSE:MENONBE) Stock Is Going Strong: Have Financials A Role To Play?
Jan 14Are Dividend Investors Making A Mistake With Menon Bearings Limited (NSE:MENONBE)?
Dec 27How Should Investors Feel About Menon Bearings' (NSE:MENONBE) CEO Remuneration?
Nov 21Has Menon Bearings (NSE:MENONBE) Got What It Takes To Become A Multi-Bagger?
Nov 02Menon Bearings Limited's (NSE:MENONBE) Stock Been Rising: Are Strong Financials Guiding The Market?
Oct 15Are Dividend Investors Making A Mistake With Menon Bearings Limited (NSE:MENONBE)?
Sep 24Is Menon Bearings (NSE:MENONBE) A Risky Investment?
Sep 07Our Take On Menon Bearings' (NSE:MENONBE) CEO Salary
Aug 18Will Menon Bearings (NSE:MENONBE) Multiply In Value Going Forward?
Jul 30Menon Bearings Limited's (NSE:MENONBE) Risks Elevated At These Prices
Jul 09Is Menon Bearings Limited's(NSE:MENONBE) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jul 01Financial Position Analysis
Short Term Liabilities: MENONBE's short term assets (₹949.6M) exceed its short term liabilities (₹254.8M).
Long Term Liabilities: MENONBE's short term assets (₹949.6M) exceed its long term liabilities (₹216.0M).
Debt to Equity History and Analysis
Debt Level: MENONBE's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: MENONBE's debt to equity ratio has reduced from 38.6% to 18.2% over the past 5 years.
Debt Coverage: MENONBE's debt is well covered by operating cash flow (187.6%).
Interest Coverage: MENONBE's interest payments on its debt are well covered by EBIT (15.6x coverage).