Modison Balance Sheet Health
Financial Health criteria checks 4/6
Modison has a total shareholder equity of ₹2.1B and total debt of ₹465.9M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are ₹2.8B and ₹757.7M respectively. Modison's EBIT is ₹302.3M making its interest coverage ratio 7.3. It has cash and short-term investments of ₹12.0M.
Key information
22.6%
Debt to equity ratio
₹465.88m
Debt
| Interest coverage ratio | 7.3x |
| Cash | ₹12.03m |
| Equity | ₹2.06b |
| Total liabilities | ₹757.69m |
| Total assets | ₹2.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506261's short term assets (₹1.8B) exceed its short term liabilities (₹700.1M).
Long Term Liabilities: 506261's short term assets (₹1.8B) exceed its long term liabilities (₹57.6M).
Debt to Equity History and Analysis
Debt Level: 506261's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: 506261's debt to equity ratio has increased from 16.6% to 22.6% over the past 5 years.
Debt Coverage: 506261's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 506261's interest payments on its debt are well covered by EBIT (7.3x coverage).