Shree Marutinandan Tubes Balance Sheet Health
Financial Health criteria checks 4/6
Shree Marutinandan Tubes has a total shareholder equity of ₹198.5M and total debt of ₹54.9M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ₹358.0M and ₹159.5M respectively. Shree Marutinandan Tubes's EBIT is ₹31.4M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹2.6M.
Key information
27.7%
Debt to equity ratio
₹54.89m
Debt
| Interest coverage ratio | 5.1x |
| Cash | ₹2.57m |
| Equity | ₹198.47m |
| Total liabilities | ₹159.54m |
| Total assets | ₹358.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544083's short term assets (₹306.8M) exceed its short term liabilities (₹156.6M).
Long Term Liabilities: 544083's short term assets (₹306.8M) exceed its long term liabilities (₹3.0M).
Debt to Equity History and Analysis
Debt Level: 544083's net debt to equity ratio (26.4%) is considered satisfactory.
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).