Mafatlal Industries Balance Sheet Health
Financial Health criteria checks 5/6
Mafatlal Industries has a total shareholder equity of ₹7.2B and total debt of ₹765.1M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are ₹13.9B and ₹6.7B respectively. Mafatlal Industries's EBIT is ₹250.1M making its interest coverage ratio 15.4. It has cash and short-term investments of ₹756.3M.
Key information
10.7%
Debt to equity ratio
₹765.10m
Debt
Interest coverage ratio | 15.4x |
Cash | ₹756.30m |
Equity | ₹7.18b |
Total liabilities | ₹6.68b |
Total assets | ₹13.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500264's short term assets (₹6.9B) exceed its short term liabilities (₹6.3B).
Long Term Liabilities: 500264's short term assets (₹6.9B) exceed its long term liabilities (₹396.9M).
Debt to Equity History and Analysis
Debt Level: 500264's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: 500264's debt to equity ratio has reduced from 36.9% to 10.7% over the past 5 years.
Debt Coverage: 500264's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500264's interest payments on its debt are well covered by EBIT (15.4x coverage).