M M Rubber Balance Sheet Health
Financial Health criteria checks 4/6
M M Rubber has a total shareholder equity of ₹197.4M and total debt of ₹52.4M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are ₹318.5M and ₹121.1M respectively. M M Rubber's EBIT is ₹13.4M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹5.5M.
Key information
26.5%
Debt to equity ratio
₹52.39m
Debt
Interest coverage ratio | 2.9x |
Cash | ₹5.51m |
Equity | ₹197.42m |
Total liabilities | ₹121.09m |
Total assets | ₹318.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509196's short term assets (₹112.0M) exceed its short term liabilities (₹86.2M).
Long Term Liabilities: 509196's short term assets (₹112.0M) exceed its long term liabilities (₹34.9M).
Debt to Equity History and Analysis
Debt Level: 509196's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: 509196's debt to equity ratio has reduced from 80.1% to 26.5% over the past 5 years.
Debt Coverage: 509196's debt is not well covered by operating cash flow (5%).
Interest Coverage: 509196's interest payments on its debt are not well covered by EBIT (2.9x coverage).