Murudeshwar Ceramics Balance Sheet Health
Financial Health criteria checks 4/6
Murudeshwar Ceramics has a total shareholder equity of ₹3.5B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are ₹5.5B and ₹2.0B respectively. Murudeshwar Ceramics's EBIT is ₹199.5M making its interest coverage ratio 2. It has cash and short-term investments of ₹72.5M.
Key information
33.3%
Debt to equity ratio
₹1.18b
Debt
Interest coverage ratio | 2x |
Cash | ₹72.48m |
Equity | ₹3.54b |
Total liabilities | ₹2.00b |
Total assets | ₹5.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 515037's short term assets (₹1.7B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 515037's short term assets (₹1.7B) exceed its long term liabilities (₹675.3M).
Debt to Equity History and Analysis
Debt Level: 515037's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: 515037's debt to equity ratio has increased from 28.7% to 33.3% over the past 5 years.
Debt Coverage: 515037's debt is well covered by operating cash flow (32.8%).
Interest Coverage: 515037's interest payments on its debt are not well covered by EBIT (2x coverage).