MTAR Technologies Balance Sheet Health
Financial Health criteria checks 5/6
MTAR Technologies has a total shareholder equity of ₹7.0B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ₹10.5B and ₹3.5B respectively. MTAR Technologies's EBIT is ₹698.4M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹120.7M.
Key information
26.3%
Debt to equity ratio
₹1.84b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹120.72m |
| Equity | ₹7.00b |
| Total liabilities | ₹3.50b |
| Total assets | ₹10.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543270's short term assets (₹5.8B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 543270's short term assets (₹5.8B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 543270's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: 543270's debt to equity ratio has increased from 12.6% to 26.3% over the past 5 years.
Debt Coverage: 543270's debt is well covered by operating cash flow (77.6%).
Interest Coverage: 543270's interest payments on its debt are well covered by EBIT (4.2x coverage).