Marco Cables & Conductors Balance Sheet Health
Financial Health criteria checks 2/6
Marco Cables & Conductors has a total shareholder equity of ₹297.1M and total debt of ₹422.3M, which brings its debt-to-equity ratio to 142.1%. Its total assets and total liabilities are ₹841.6M and ₹544.5M respectively. Marco Cables & Conductors's EBIT is ₹126.6M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹34.5M.
Key information
142.1%
Debt to equity ratio
₹422.33m
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹34.45m |
| Equity | ₹297.11m |
| Total liabilities | ₹544.47m |
| Total assets | ₹841.58m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MARCO's short term assets (₹791.6M) exceed its short term liabilities (₹326.0M).
Long Term Liabilities: MARCO's short term assets (₹791.6M) exceed its long term liabilities (₹218.5M).
Debt to Equity History and Analysis
Debt Level: MARCO's net debt to equity ratio (130.6%) is considered high.
Reducing Debt: Insufficient data to determine if MARCO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MARCO's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: MARCO's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:18 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Marco Cables & Conductors Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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