Energy-Mission Machineries (India) Balance Sheet Health
Financial Health criteria checks 4/6
Energy-Mission Machineries (India) has a total shareholder equity of ₹345.3M and total debt of ₹324.4M, which brings its debt-to-equity ratio to 94%. Its total assets and total liabilities are ₹1.0B and ₹659.5M respectively. Energy-Mission Machineries (India)'s EBIT is ₹174.4M making its interest coverage ratio 6.3. It has cash and short-term investments of ₹1.3M.
Key information
94.0%
Debt to equity ratio
₹324.44m
Debt
| Interest coverage ratio | 6.3x |
| Cash | ₹1.30m |
| Equity | ₹345.29m |
| Total liabilities | ₹659.48m |
| Total assets | ₹1.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMMIL's short term assets (₹727.6M) exceed its short term liabilities (₹592.0M).
Long Term Liabilities: EMMIL's short term assets (₹727.6M) exceed its long term liabilities (₹67.5M).
Debt to Equity History and Analysis
Debt Level: EMMIL's net debt to equity ratio (93.6%) is considered high.
Reducing Debt: EMMIL's debt to equity ratio has reduced from 145% to 94% 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 (6.3x coverage).