Mafatlal Industries Balance Sheet Health
Financial Health criteria checks 5/6
Mafatlal Industries has a total shareholder equity of ₹9.5B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₹21.0B and ₹11.5B respectively. Mafatlal Industries's EBIT is ₹386.4M making its interest coverage ratio -19.2. It has cash and short-term investments of ₹1.2B.
Key information
19.3%
Debt to equity ratio
₹1.83b
Debt
Interest coverage ratio | -19.2x |
Cash | ₹1.25b |
Equity | ₹9.48b |
Total liabilities | ₹11.48b |
Total assets | ₹20.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500264's short term assets (₹12.3B) exceed its short term liabilities (₹10.9B).
Long Term Liabilities: 500264's short term assets (₹12.3B) exceed its long term liabilities (₹537.7M).
Debt to Equity History and Analysis
Debt Level: 500264's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 500264's debt to equity ratio has reduced from 52.4% to 19.3% over the past 5 years.
Debt Coverage: 500264's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 500264 earns more interest than it pays, so coverage of interest payments is not a concern.