MRF Balance Sheet Health
Financial Health criteria checks 6/6
MRF has a total shareholder equity of ₹176.7B and total debt of ₹23.1B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are ₹284.2B and ₹107.5B respectively. MRF's EBIT is ₹26.5B making its interest coverage ratio 10.9. It has cash and short-term investments of ₹31.1B.
Key information
13.1%
Debt to equity ratio
₹23.10b
Debt
| Interest coverage ratio | 10.9x |
| Cash | ₹31.11b |
| Equity | ₹176.68b |
| Total liabilities | ₹107.54b |
| Total assets | ₹284.23b |
Recent financial health updates
Does MRF (NSE:MRF) Have A Healthy Balance Sheet?
Sep 26
Here's Why MRF (NSE:MRF) Can Manage Its Debt Responsibly
May 22MRF (NSE:MRF) Has A Pretty Healthy Balance Sheet
Dec 27We Think MRF (NSE:MRF) Can Stay On Top Of Its Debt
Sep 12MRF (NSE:MRF) Seems To Use Debt Quite Sensibly
Jun 10These 4 Measures Indicate That MRF (NSE:MRF) Is Using Debt Extensively
Mar 07Recent updates
MRF (NSE:MRF) Will Pay A Dividend Of ₹3.00
Nov 13Analysts Have Made A Financial Statement On MRF Limited's (NSE:MRF) Second-Quarter Report
Nov 12Return Trends At MRF (NSE:MRF) Aren't Appealing
Oct 26We Ran A Stock Scan For Earnings Growth And MRF (NSE:MRF) Passed With Ease
Oct 11Does MRF (NSE:MRF) Have A Healthy Balance Sheet?
Sep 26Why Investors Shouldn't Be Surprised By MRF Limited's (NSE:MRF) Low P/E
Aug 26Revenue Beat: MRF Limited Exceeded Revenue Forecasts By 7.8% And Analysts Are Updating Their Estimates
Aug 11MRF (NSE:MRF) Will Pay A Larger Dividend Than Last Year At ₹194.00
Jul 14MRF (NSE:MRF) Is Increasing Its Dividend To ₹194.00
Jun 30Here's Why MRF (NSE:MRF) Can Manage Its Debt Responsibly
May 22Earnings Miss: MRF Limited Missed EPS By 6.5% And Analysts Are Revising Their Forecasts
May 07MRF Limited's (NSE:MRF) Business And Shares Still Trailing The Market
May 04Here's Why MRF (NSE:MRF) Has Caught The Eye Of Investors
Apr 16MRF Limited (NSE:MRF) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 13Risks To Shareholder Returns Are Elevated At These Prices For MRF Limited (NSE:MRF)
Feb 01MRF (NSE:MRF) Has More To Do To Multiply In Value Going Forward
Jan 14MRF (NSE:MRF) Has A Pretty Healthy Balance Sheet
Dec 27MRF (NSE:MRF) Has Affirmed Its Dividend Of ₹3.00
Nov 06We Think MRF (NSE:MRF) Can Stay On Top Of Its Debt
Sep 12MRF (NSE:MRF) Could Be Struggling To Allocate Capital
Aug 08MRF (NSE:MRF) Will Pay A Larger Dividend Than Last Year At ₹169.00
Jun 24MRF (NSE:MRF) Seems To Use Debt Quite Sensibly
Jun 10MRF (NSE:MRF) Will Be Hoping To Turn Its Returns On Capital Around
Apr 16These 4 Measures Indicate That MRF (NSE:MRF) Is Using Debt Extensively
Mar 07Here's What's Concerning About MRF's (NSE:MRF) Returns On Capital
Jan 06Does MRF (NSE:MRF) Have A Healthy Balance Sheet?
Nov 29MRF (NSE:MRF) Has Affirmed Its Dividend Of ₹3.00
Nov 11Investors Could Be Concerned With MRF's (NSE:MRF) Returns On Capital
Aug 19Is MRF (NSE:MRF) A Risky Investment?
Aug 01A Look At The Fair Value Of MRF Limited (NSE:MRF)
Jul 02The Returns On Capital At MRF (NSE:MRF) Don't Inspire Confidence
May 14These 4 Measures Indicate That MRF (NSE:MRF) Is Using Debt Reasonably Well
Mar 18Some Investors May Be Worried About MRF's (NSE:MRF) Returns On Capital
Jan 28MRF (NSE:MRF) Seems To Use Debt Quite Sensibly
Dec 03Here's What's Concerning About MRF's (NSE:MRF) Returns On Capital
Oct 26Here's Why I Think MRF (NSE:MRF) Is An Interesting Stock
Aug 31Financial Position Analysis
Short Term Liabilities: MRF's short term assets (₹121.2B) exceed its short term liabilities (₹85.1B).
Long Term Liabilities: MRF's short term assets (₹121.2B) exceed its long term liabilities (₹22.4B).
Debt to Equity History and Analysis
Debt Level: MRF has more cash than its total debt.
Reducing Debt: MRF's debt to equity ratio has reduced from 19.4% to 13.1% over the past 5 years.
Debt Coverage: MRF's debt is well covered by operating cash flow (116.3%).
Interest Coverage: MRF's interest payments on its debt are well covered by EBIT (10.9x coverage).