Shree Marutinandan Tubes Balance Sheet Health
Financial Health criteria checks 3/6
Shree Marutinandan Tubes has a total shareholder equity of ₹26.8M and total debt of ₹71.7M, which brings its debt-to-equity ratio to 267.8%. Its total assets and total liabilities are ₹161.8M and ₹135.0M respectively. Shree Marutinandan Tubes's EBIT is ₹34.3M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹276.0K.
Key information
267.8%
Debt to equity ratio
₹71.69m
Debt
Interest coverage ratio | 5.1x |
Cash | ₹276.00k |
Equity | ₹26.77m |
Total liabilities | ₹134.99m |
Total assets | ₹161.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544083's short term assets (₹158.3M) exceed its short term liabilities (₹113.1M).
Long Term Liabilities: 544083's short term assets (₹158.3M) exceed its long term liabilities (₹21.9M).
Debt to Equity History and Analysis
Debt Level: 544083's net debt to equity ratio (266.7%) is considered high.
Reducing Debt: Insufficient data to determine if 544083's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544083's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544083's interest payments on its debt are well covered by EBIT (5.1x coverage).