MSTC Balance Sheet Health
Financial Health criteria checks 6/6
MSTC has a total shareholder equity of ₹8.9B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are ₹23.7B and ₹14.7B respectively. MSTC's EBIT is ₹2.9B making its interest coverage ratio -5. It has cash and short-term investments of ₹13.4B.
Key information
16.2%
Debt to equity ratio
₹1.45b
Debt
Interest coverage ratio | -5x |
Cash | ₹13.36b |
Equity | ₹8.94b |
Total liabilities | ₹14.74b |
Total assets | ₹23.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542597's short term assets (₹19.4B) exceed its short term liabilities (₹13.8B).
Long Term Liabilities: 542597's short term assets (₹19.4B) exceed its long term liabilities (₹970.7M).
Debt to Equity History and Analysis
Debt Level: 542597 has more cash than its total debt.
Reducing Debt: 542597's debt to equity ratio has reduced from 138% to 16.2% over the past 5 years.
Debt Coverage: 542597's debt is well covered by operating cash flow (221.7%).
Interest Coverage: 542597 earns more interest than it pays, so coverage of interest payments is not a concern.