Murudeshwar Ceramics Balance Sheet Health
Financial Health criteria checks 4/6
Murudeshwar Ceramics has a total shareholder equity of ₹3.5B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are ₹5.5B and ₹2.0B respectively. Murudeshwar Ceramics's EBIT is ₹199.5M making its interest coverage ratio 2. It has cash and short-term investments of ₹72.5M.
Key information
33.3%
Debt to equity ratio
₹1.18b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹72.48m |
| Equity | ₹3.54b |
| Total liabilities | ₹2.00b |
| Total assets | ₹5.54b |
Recent financial health updates
Is Murudeshwar Ceramics (NSE:MURUDCERA) A Risky Investment?
Mar 13
Here's Why Murudeshwar Ceramics (NSE:MURUDCERA) Has A Meaningful Debt Burden
Mar 29Is Murudeshwar Ceramics (NSE:MURUDCERA) A Risky Investment?
Jun 04Does Murudeshwar Ceramics (NSE:MURUDCERA) Have A Healthy Balance Sheet?
Jul 13Does Murudeshwar Ceramics (NSE:MURUDCERA) Have A Healthy Balance Sheet?
Sep 24Recent updates
Is Murudeshwar Ceramics (NSE:MURUDCERA) A Risky Investment?
Mar 13Murudeshwar Ceramics Ltd.'s (NSE:MURUDCERA) Price Is Out Of Tune With Earnings
Jan 06Return Trends At Murudeshwar Ceramics (NSE:MURUDCERA) Aren't Appealing
Oct 21It's Unlikely That Murudeshwar Ceramics Ltd.'s (NSE:MURUDCERA) CEO Will See A Huge Pay Rise This Year
Sep 16Murudeshwar Ceramics (NSE:MURUDCERA) Has More To Do To Multiply In Value Going Forward
Jun 03Here's Why Murudeshwar Ceramics (NSE:MURUDCERA) Has A Meaningful Debt Burden
Mar 29Murudeshwar Ceramics' (NSE:MURUDCERA) Returns Have Hit A Wall
Dec 21Murudeshwar Ceramics' (NSE:MURUDCERA) Returns Have Hit A Wall
Aug 30Is Murudeshwar Ceramics (NSE:MURUDCERA) A Risky Investment?
Jun 04Murudeshwar Ceramics (NSE:MURUDCERA) Is Finding It Tricky To Allocate Its Capital
Apr 06Here's What To Make Of Murudeshwar Ceramics' (NSE:MURUDCERA) Decelerating Rates Of Return
Dec 15Does Murudeshwar Ceramics (NSE:MURUDCERA) Have A Healthy Balance Sheet?
Jul 13Why Murudeshwar Ceramics' (NSE:MURUDCERA) CEO Pay Matters
Nov 24Does Murudeshwar Ceramics (NSE:MURUDCERA) Have A Healthy Balance Sheet?
Sep 24Is Murudeshwar Ceramics (NSE:MURUDCERA) Headed For Trouble?
Aug 03
Financial Position Analysis
Short Term Liabilities: MURUDCERA's short term assets (₹1.7B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: MURUDCERA's short term assets (₹1.7B) exceed its long term liabilities (₹675.3M).
Debt to Equity History and Analysis
Debt Level: MURUDCERA's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: MURUDCERA's debt to equity ratio has increased from 28.7% to 33.3% over the past 5 years.
Debt Coverage: MURUDCERA's debt is well covered by operating cash flow (32.8%).
Interest Coverage: MURUDCERA's interest payments on its debt are not well covered by EBIT (2x coverage).