MRC Agrotech Balance Sheet Health
Financial Health criteria checks 5/6
MRC Agrotech has a total shareholder equity of ₹137.0M and total debt of ₹727.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹205.6M and ₹68.6M respectively. MRC Agrotech's EBIT is ₹2.0M making its interest coverage ratio -0.4. It has cash and short-term investments of ₹900.0K.
Key information
0.5%
Debt to equity ratio
₹727.00k
Debt
Interest coverage ratio | -0.4x |
Cash | ₹900.00k |
Equity | ₹137.00m |
Total liabilities | ₹68.57m |
Total assets | ₹205.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540809's short term assets (₹205.5M) exceed its short term liabilities (₹67.7M).
Long Term Liabilities: 540809's short term assets (₹205.5M) exceed its long term liabilities (₹830.0K).
Debt to Equity History and Analysis
Debt Level: 540809 has more cash than its total debt.
Reducing Debt: 540809's debt to equity ratio has reduced from 19.6% to 0.5% over the past 5 years.
Debt Coverage: 540809's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540809 earns more interest than it pays, so coverage of interest payments is not a concern.