Energy-Mission Machineries (India) Balance Sheet Health
Financial Health criteria checks 5/6
Energy-Mission Machineries (India) has a total shareholder equity of ₹812.4M and total debt of ₹207.6M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are ₹1.3B and ₹531.8M respectively. Energy-Mission Machineries (India)'s EBIT is ₹180.7M making its interest coverage ratio 7.7. It has cash and short-term investments of ₹87.9M.
Key information
25.5%
Debt to equity ratio
₹207.56m
Debt
Interest coverage ratio | 7.7x |
Cash | ₹87.90m |
Equity | ₹812.42m |
Total liabilities | ₹531.79m |
Total assets | ₹1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMMIL's short term assets (₹973.6M) exceed its short term liabilities (₹457.8M).
Long Term Liabilities: EMMIL's short term assets (₹973.6M) exceed its long term liabilities (₹74.0M).
Debt to Equity History and Analysis
Debt Level: EMMIL's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: EMMIL's debt to equity ratio has reduced from 164.8% to 25.5% over the past 5 years.
Debt Coverage: EMMIL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EMMIL's interest payments on its debt are well covered by EBIT (7.7x coverage).