Murudeshwar Ceramics Balance Sheet Health
Financial Health criteria checks 4/6
Murudeshwar Ceramics has a total shareholder equity of ₹3.7B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ₹5.6B and ₹1.9B respectively. Murudeshwar Ceramics's EBIT is ₹174.2M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹46.0M.
Key information
27.7%
Debt to equity ratio
₹1.02b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹45.98m |
| Equity | ₹3.67b |
| Total liabilities | ₹1.91b |
| Total assets | ₹5.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 515037's short term assets (₹1.6B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 515037's short term assets (₹1.6B) exceed its long term liabilities (₹578.8M).
Debt to Equity History and Analysis
Debt Level: 515037's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: 515037's debt to equity ratio has increased from 26.8% to 27.7% over the past 5 years.
Debt Coverage: 515037's debt is well covered by operating cash flow (28.9%).
Interest Coverage: 515037's interest payments on its debt are not well covered by EBIT (1.8x coverage).