Modison Balance Sheet Health
Financial Health criteria checks 4/6
Modison has a total shareholder equity of ₹2.0B and total debt of ₹317.1M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are ₹2.7B and ₹678.4M respectively. Modison's EBIT is ₹256.8M making its interest coverage ratio 9.1. It has cash and short-term investments of ₹12.4M.
Key information
15.6%
Debt to equity ratio
₹317.11m
Debt
Interest coverage ratio | 9.1x |
Cash | ₹12.38m |
Equity | ₹2.03b |
Total liabilities | ₹678.35m |
Total assets | ₹2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506261's short term assets (₹1.7B) exceed its short term liabilities (₹623.6M).
Long Term Liabilities: 506261's short term assets (₹1.7B) exceed its long term liabilities (₹54.8M).
Debt to Equity History and Analysis
Debt Level: 506261's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: 506261's debt to equity ratio has increased from 15.5% to 15.6% over the past 5 years.
Debt Coverage: 506261's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 506261's interest payments on its debt are well covered by EBIT (9.1x coverage).