MTAR Technologies Balance Sheet Health
Financial Health criteria checks 5/6
MTAR Technologies has a total shareholder equity of ₹7.0B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ₹10.5B and ₹3.5B respectively. MTAR Technologies's EBIT is ₹698.4M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹120.7M.
Key information
26.3%
Debt to equity ratio
₹1.84b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹120.72m |
| Equity | ₹7.00b |
| Total liabilities | ₹3.50b |
| Total assets | ₹10.50b |
Recent financial health updates
Recent updates
MTAR Technologies Limited (NSE:MTARTECH) Just Reported, And Analysts Assigned A ₹1,688 Price Target
Nov 02
MTAR Technologies Limited Just Missed Revenue By 7.8%: Here's What Analysts Think Will Happen Next
Aug 16Analysts Are More Bearish On MTAR Technologies Limited (NSE:MTARTECH) Than They Used To Be
Jun 05Earnings Miss: MTAR Technologies Limited Missed EPS By 29% And Analysts Are Revising Their Forecasts
Jun 02MTAR Technologies (NSE:MTARTECH) Has A Somewhat Strained Balance Sheet
Feb 15MTAR Technologies Limited (NSE:MTARTECH) Analysts Are Reducing Their Forecasts For This Year
Nov 16The Trend Of High Returns At MTAR Technologies (NSE:MTARTECH) Has Us Very Interested
Sep 01Here's Why MTAR Technologies (NSE:MTARTECH) Has Caught The Eye Of Investors
Jul 14Returns Are Gaining Momentum At MTAR Technologies (NSE:MTARTECH)
Mar 26Earnings Tell The Story For MTAR Technologies Limited (NSE:MTARTECH) As Its Stock Soars 32%
Jul 06Financial Position Analysis
Short Term Liabilities: MTARTECH's short term assets (₹5.8B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: MTARTECH's short term assets (₹5.8B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: MTARTECH's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: MTARTECH's debt to equity ratio has increased from 12.6% to 26.3% over the past 5 years.
Debt Coverage: MTARTECH's debt is well covered by operating cash flow (77.6%).
Interest Coverage: MTARTECH's interest payments on its debt are well covered by EBIT (4.2x coverage).