Mazda Balance Sheet Health
Financial Health criteria checks 6/6
Mazda has a total shareholder equity of ₹1.9B and total debt of ₹1.6M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are ₹2.3B and ₹408.3M respectively. Mazda's EBIT is ₹394.3M making its interest coverage ratio -754. It has cash and short-term investments of ₹661.2M.
Key information
0.08%
Debt to equity ratio
₹1.60m
Debt
Interest coverage ratio | -754x |
Cash | ₹661.25m |
Equity | ₹1.94b |
Total liabilities | ₹408.33m |
Total assets | ₹2.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523792's short term assets (₹1.6B) exceed its short term liabilities (₹372.3M).
Long Term Liabilities: 523792's short term assets (₹1.6B) exceed its long term liabilities (₹36.1M).
Debt to Equity History and Analysis
Debt Level: 523792 has more cash than its total debt.
Reducing Debt: 523792's debt to equity ratio has reduced from 0.4% to 0.08% over the past 5 years.
Debt Coverage: 523792's debt is well covered by operating cash flow (16888.1%).
Interest Coverage: 523792 earns more interest than it pays, so coverage of interest payments is not a concern.