Modison Balance Sheet Health
Financial Health criteria checks 5/6
Modison has a total shareholder equity of ₹2.0B and total debt of ₹262.5M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ₹2.5B and ₹559.0M respectively. Modison's EBIT is ₹276.8M making its interest coverage ratio 14.1. It has cash and short-term investments of ₹21.5M.
Key information
13.5%
Debt to equity ratio
₹262.47m
Debt
| Interest coverage ratio | 14.1x |
| Cash | ₹21.46m |
| Equity | ₹1.95b |
| Total liabilities | ₹559.00m |
| Total assets | ₹2.51b |
Recent financial health updates
No updates
Recent updates
Lacklustre Performance Is Driving Modison Limited's (NSE:MODISONLTD) 26% Price Drop
Mar 13
Modison's (NSE:MODISONLTD) Returns Have Hit A Wall
Dec 12The Returns On Capital At Modison (NSE:MODISONLTD) Don't Inspire Confidence
May 12Modison (NSE:MODISONLTD) Could Be Struggling To Allocate Capital
Sep 27Modison Metals (NSE:MODISNME) May Have Issues Allocating Its Capital
May 13Modison Metals Limited's (NSE:MODISNME) Shares Bounce 25% But Its Business Still Trails The Market
Jun 12Statutory Profit Doesn't Reflect How Good Modison Metals' (NSE:MODISNME) Earnings Are
Jun 07Modison Metals Limited's (NSE:MODISNME) 2.6% Dividend Yield Looks Pretty Interesting
May 06Financial Position Analysis
Short Term Liabilities: MODISONLTD's short term assets (₹1.6B) exceed its short term liabilities (₹507.8M).
Long Term Liabilities: MODISONLTD's short term assets (₹1.6B) exceed its long term liabilities (₹51.2M).
Debt to Equity History and Analysis
Debt Level: MODISONLTD's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: MODISONLTD's debt to equity ratio has reduced from 14.3% to 13.5% over the past 5 years.
Debt Coverage: MODISONLTD's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: MODISONLTD's interest payments on its debt are well covered by EBIT (14.1x coverage).