Mahalaxmi Rubtech Balance Sheet Health
Financial Health criteria checks 5/6
Mahalaxmi Rubtech has a total shareholder equity of ₹916.2M and total debt of ₹518.7M, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are ₹2.1B and ₹1.2B respectively. Mahalaxmi Rubtech's EBIT is ₹117.5M making its interest coverage ratio 5.9. It has cash and short-term investments of ₹441.8M.
Key information
56.6%
Debt to equity ratio
₹518.73m
Debt
Interest coverage ratio | 5.9x |
Cash | ₹441.81m |
Equity | ₹916.25m |
Total liabilities | ₹1.22b |
Total assets | ₹2.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514450's short term assets (₹1.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 514450's short term assets (₹1.5B) exceed its long term liabilities (₹102.1M).
Debt to Equity History and Analysis
Debt Level: 514450's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: 514450's debt to equity ratio has increased from 43.9% to 56.6% over the past 5 years.
Debt Coverage: 514450's debt is well covered by operating cash flow (44%).
Interest Coverage: 514450's interest payments on its debt are well covered by EBIT (5.9x coverage).