Modi Rubber Balance Sheet Health
Financial Health criteria checks 3/6
Modi Rubber has a total shareholder equity of ₹6.5B and total debt of ₹172.9M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹7.3B and ₹860.1M respectively.
Key information
2.7%
Debt to equity ratio
₹172.94m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹967.73m |
| Equity | ₹6.47b |
| Total liabilities | ₹860.12m |
| Total assets | ₹7.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MODIRUBBER's short term assets (₹1.3B) exceed its short term liabilities (₹394.0M).
Long Term Liabilities: MODIRUBBER's short term assets (₹1.3B) exceed its long term liabilities (₹466.1M).
Debt to Equity History and Analysis
Debt Level: MODIRUBBER has more cash than its total debt.
Reducing Debt: MODIRUBBER's debt to equity ratio has increased from 0.8% to 2.7% over the past 5 years.
Debt Coverage: MODIRUBBER's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MODIRUBBER's interest payments on its debt are well covered by EBIT.