Mehai Technology Balance Sheet Health
Financial Health criteria checks 5/6
Mehai Technology has a total shareholder equity of ₹257.2M and total debt of ₹32.5M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ₹350.5M and ₹93.3M respectively. Mehai Technology's EBIT is ₹18.0M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹1.2M.
Key information
12.6%
Debt to equity ratio
₹32.52m
Debt
Interest coverage ratio | 3.2x |
Cash | ₹1.18m |
Equity | ₹257.22m |
Total liabilities | ₹93.28m |
Total assets | ₹350.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540730's short term assets (₹237.4M) exceed its short term liabilities (₹87.9M).
Long Term Liabilities: 540730's short term assets (₹237.4M) exceed its long term liabilities (₹5.4M).
Debt to Equity History and Analysis
Debt Level: 540730's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: 540730's debt to equity ratio has increased from 3.2% to 12.6% over the past 5 years.
Debt Coverage: 540730's debt is well covered by operating cash flow (100.4%).
Interest Coverage: 540730's interest payments on its debt are well covered by EBIT (3.2x coverage).