MMTC Balance Sheet Health

Financial Health criteria checks 5/6

MMTC has a total shareholder equity of ₹14.5B and total debt of ₹264.8M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ₹34.1B and ₹19.7B respectively.

Key information

1.8%

Debt to equity ratio

₹264.80m

Debt

Interest coverage ratio	n/a
Cash	₹13.15b
Equity	₹14.47b
Total liabilities	₹19.67b
Total assets	₹34.13b

Recent financial health updates

Recent updates

MMTC (NSE:MMTC) Has Debt But No Earnings; Should You Worry?

Mar 28

Subdued Growth No Barrier To MMTC Limited (NSE:MMTC) With Shares Advancing 27%

Jan 05

Does MMTC (NSE:MMTC) Have A Healthy Balance Sheet?

Dec 28

Is MMTC (NSE:MMTC) A Risky Investment?

Aug 01

There Are Some Reasons To Suggest That MMTC's (NSE:MMTC) Earnings Are A Poor Reflection Of Profitability

Nov 22

MMTC (NSE:MMTC) Is Making Moderate Use Of Debt

Mar 05

Introducing MMTC (NSE:MMTC), A Stock That Climbed 49% In The Last Year

Jan 11

Is MMTC (NSE:MMTC) Using Too Much Debt?

Nov 19

MMTC's(NSE:MMTC) Share Price Is Down 56% Over The Past Three Years.

Sep 27

Is MMTC Limited's (NSE:MMTC) 1.5% ROE Worse Than Average?

Aug 03

Financial Position Analysis

Short Term Liabilities: MMTC's short term assets (₹29.8B) exceed its short term liabilities (₹19.2B).

Long Term Liabilities: MMTC's short term assets (₹29.8B) exceed its long term liabilities (₹474.6M).

Debt to Equity History and Analysis

Debt Level: MMTC has more cash than its total debt.

Reducing Debt: MMTC's debt to equity ratio has reduced from 68.1% to 1.8% over the past 5 years.

Debt Coverage: MMTC's debt is well covered by operating cash flow (11779.6%).

Interest Coverage: Insufficient data to determine if MMTC's interest payments on its debt are well covered by EBIT.

MMTC Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

MMTC (NSE:MMTC) Has Debt But No Earnings; Should You Worry?

Does MMTC (NSE:MMTC) Have A Healthy Balance Sheet?

Is MMTC (NSE:MMTC) A Risky Investment?

MMTC (NSE:MMTC) Is Making Moderate Use Of Debt

Is MMTC (NSE:MMTC) Using Too Much Debt?

Recent updates

MMTC Limited Appoints Siddarth Mahajan, JS as Government Nominee Director

MMTC Limited Announces Change in Directorate

MMTC (NSE:MMTC) Has Debt But No Earnings; Should You Worry?

Mmtc Limited Announces Resignation of Pradip Kumar Varma having as Independent Director

Third quarter 2024 earnings released: EPS: ₹0.37 (vs ₹0.65 in 3Q 2023)

MMTC Limited to Report Q3, 2024 Results on Feb 08, 2024

Subdued Growth No Barrier To MMTC Limited (NSE:MMTC) With Shares Advancing 27%

Does MMTC (NSE:MMTC) Have A Healthy Balance Sheet?

Investor sentiment improves as stock rises 17%

Second quarter 2024 earnings released: EPS: ₹0.35 (vs ₹10.51 in 2Q 2023)

MMTC Limited, Annual General Meeting, Nov 22, 2023

Investor sentiment deteriorates as stock falls 23%

Now 21% undervalued

Investor sentiment improves as stock rises 21%

First quarter 2024 earnings released: EPS: ₹0.10 (vs ₹0.81 loss in 1Q 2023)

MMTC Limited to Report Q1, 2024 Results on Sep 22, 2023

Investor sentiment improves as stock rises 63%

MMTC Limited Approves Appointment of Nabarun Nayak as Non-official Independent Director on the Board of Directors

Is MMTC (NSE:MMTC) A Risky Investment?

MMTC Limited Announces Appointment of Ajay Kumar Misra as Company Secretary

Full year 2023 earnings released: EPS: ₹10.42 (vs ₹1.75 loss in FY 2022)

MMTC Limited to Report Q4, 2023 Results on May 30, 2023

Third quarter 2023 earnings released: EPS: ₹0.65 (vs ₹0.49 loss in 3Q 2022)

MMTC Limited to Report Q3, 2023 Results on Feb 13, 2023

MMTC Limited Announces Cessation of Swadhinta Krishna as Independent Director on the Board

MMTC Limited Announces Cessation of Shashank Priya, Govt Nominee Director on the Board

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

There Are Some Reasons To Suggest That MMTC's (NSE:MMTC) Earnings Are A Poor Reflection Of Profitability

Second quarter 2023 earnings released: EPS: ₹10.51 (vs ₹1.40 loss in 2Q 2022)

MMTC Limited, Annual General Meeting, Dec 08, 2022

Less than half of directors are independent

MMTC Limited to Report Q2, 2023 Results on Nov 14, 2022

MMTC Limited Informs Hardeep Singh as Managing Director

MMTC Limited Appoints Ajay Kumar Misra as Company Secretary and Compliance Officer

First quarter 2023 earnings released: ₹0.81 loss per share (vs ₹0.64 loss in 1Q 2022)

MMTC Limited to Report Q1, 2023 Results on Aug 30, 2022

Full year 2022 earnings released: ₹1.75 loss per share (vs ₹5.26 loss in FY 2021)

Tata Steel Long Products Limited (BSE:513010) completed the acquisition of 93.71% stake in Neelachal Ispat Nigam Limited from group of shareholders.

MMTC Limited to Report Q4, 2022 Results on Jun 30, 2022

Less than half of directors are independent

Second quarter 2022 earnings released: ₹1.40 loss per share (vs ₹0.30 loss in 2Q 2021)

Less than half of directors are independent

MMTC Limited, Annual General Meeting, Apr 23, 2022

MMTC Limited Announces Appointment of Vibhu Nayar to the Board of Directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings released: ₹5.26 loss per share (vs ₹1.83 loss in FY 2020)

Third quarter 2021 earnings released: ₹0.35 loss per share (vs ₹0.08 profit in 3Q 2020)

MMTC (NSE:MMTC) Is Making Moderate Use Of Debt

New 90-day high: ₹33.95

Introducing MMTC (NSE:MMTC), A Stock That Climbed 49% In The Last Year

MMTC Limited Announces Cessation of Ashwani Sondh as Director

New 90-day high: ₹27.15

MMTC Limited Appoints Sudhanshu Pandey as Managing Director

MMTC Limited, Annual General Meeting, Dec 24, 2020

New 90-day high: ₹19.00

Is MMTC (NSE:MMTC) Using Too Much Debt?

Second quarter 2021 earnings released: ₹0.30 loss per share

MMTC Limited to Report Q2, 2021 Results on Nov 11, 2020

New 90-day low: ₹16.05

MMTC's(NSE:MMTC) Share Price Is Down 56% Over The Past Three Years.

New 90-day low: ₹16.15

First quarter earnings released

MMTC Limited to Report Q1, 2021 Results on Sep 14, 2020

Full year earnings released - ₹1.82 loss per share

Is MMTC Limited's (NSE:MMTC) 1.5% ROE Worse Than Average?

MMTC Limited to Report Q4, 2020 Results on Jul 31, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet