MTAR Technologies Balance Sheet Health
Financial Health criteria checks 4/6
MTAR Technologies has a total shareholder equity of ₹6.6B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are ₹10.7B and ₹4.1B respectively. MTAR Technologies's EBIT is ₹1.2B making its interest coverage ratio 6.8. It has cash and short-term investments of ₹536.2M.
Key information
37.8%
Debt to equity ratio
₹2.50b
Debt
Interest coverage ratio | 6.8x |
Cash | ₹536.20m |
Equity | ₹6.61b |
Total liabilities | ₹4.05b |
Total assets | ₹10.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543270's short term assets (₹6.8B) exceed its short term liabilities (₹3.0B).
Long Term Liabilities: 543270's short term assets (₹6.8B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 543270's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: 543270's debt to equity ratio has increased from 11.6% to 37.8% over the past 5 years.
Debt Coverage: 543270's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543270's interest payments on its debt are well covered by EBIT (6.8x coverage).