Modi Rubber Balance Sheet Health
Financial Health criteria checks 3/6
Modi Rubber has a total shareholder equity of ₹6.6B and total debt of ₹169.8M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹7.4B and ₹881.1M respectively.
Key information
2.6%
Debt to equity ratio
₹169.75m
Debt
Interest coverage ratio | n/a |
Cash | ₹780.36m |
Equity | ₹6.56b |
Total liabilities | ₹881.06m |
Total assets | ₹7.44b |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For Modi Rubber (NSE:MODIRUBBER) Than Just Sluggish Earnings
Jun 05Modi Rubber Limited (NSE:MODIRUBBER) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Apr 12We Don’t Think Modi Rubber's (NSE:MODIRUBBER) Earnings Should Make Shareholders Too Comfortable
Nov 20Financial Position Analysis
Short Term Liabilities: MODIRUBBER's short term assets (₹1.2B) exceed its short term liabilities (₹423.0M).
Long Term Liabilities: MODIRUBBER's short term assets (₹1.2B) exceed its long term liabilities (₹458.1M).
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 2.6% 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.