Mazagon Dock Shipbuilders Balance Sheet Health
Financial Health criteria checks 4/6
Mazagon Dock Shipbuilders has a total shareholder equity of ₹54.1B and total debt of ₹29.6M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ₹283.8B and ₹229.6B respectively. Mazagon Dock Shipbuilders's EBIT is ₹10.2B making its interest coverage ratio -1.7. It has cash and short-term investments of ₹138.0B.
Key information
0.05%
Debt to equity ratio
₹29.60m
Debt
Interest coverage ratio | -1.7x |
Cash | ₹138.02b |
Equity | ₹54.14b |
Total liabilities | ₹229.61b |
Total assets | ₹283.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543237's short term assets (₹249.0B) exceed its short term liabilities (₹223.8B).
Long Term Liabilities: 543237's short term assets (₹249.0B) exceed its long term liabilities (₹5.8B).
Debt to Equity History and Analysis
Debt Level: 543237 has more cash than its total debt.
Reducing Debt: 543237's debt to equity ratio has increased from 0% to 0.05% over the past 5 years.
Debt Coverage: 543237's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543237 earns more interest than it pays, so coverage of interest payments is not a concern.