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
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
Here's Why Menon Bearings Limited's (NSE:MENONBE) CEO Compensation Is The Least Of Shareholders' Concerns
Aug 31Menon Bearings (NSE:MENONBE) Is Paying Out Less In Dividends Than Last Year
Jul 24Menon 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 (₹1.2B) exceed its short term liabilities (₹567.5M).
Long Term Liabilities: MENONBE's short term assets (₹1.2B) exceed its long term liabilities (₹251.6M).
Debt to Equity History and Analysis
Debt Level: MENONBE's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: MENONBE's debt to equity ratio has reduced from 45.6% to 32% over the past 5 years.
Debt Coverage: MENONBE's debt is well covered by operating cash flow (37.8%).
Interest Coverage: MENONBE's interest payments on its debt are well covered by EBIT (13.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:24 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Menon Bearings Limited is covered by 2 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.
| Analyst | Institution |
|---|---|
| Kameswari V. S. Chavali | FirstCall Research |
| Bikshapathi A. | FirstCall Research |