Mirza International Balance Sheet Health
Financial Health criteria checks 5/6
Mirza International has a total shareholder equity of ₹5.5B and total debt of ₹609.0M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are ₹7.5B and ₹2.0B respectively. Mirza International's EBIT is ₹162.3M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹44.3M.
Key information
11.1%
Debt to equity ratio
₹609.00m
Debt
Interest coverage ratio | 1.5x |
Cash | ₹44.30m |
Equity | ₹5.47b |
Total liabilities | ₹2.04b |
Total assets | ₹7.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526642's short term assets (₹3.4B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 526642's short term assets (₹3.4B) exceed its long term liabilities (₹545.5M).
Debt to Equity History and Analysis
Debt Level: 526642's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 526642's debt to equity ratio has reduced from 47% to 11.1% over the past 5 years.
Debt Coverage: 526642's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 526642's interest payments on its debt are not well covered by EBIT (1.5x coverage).