Deco Mica Balance Sheet Health
Financial Health criteria checks 4/6
Deco Mica has a total shareholder equity of ₹251.1M and total debt of ₹199.9M, which brings its debt-to-equity ratio to 79.6%. Its total assets and total liabilities are ₹741.5M and ₹490.5M respectively. Deco Mica's EBIT is ₹47.4M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹11.5M.
Key information
79.6%
Debt to equity ratio
₹199.93m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹11.48m |
| Equity | ₹251.10m |
| Total liabilities | ₹490.45m |
| Total assets | ₹741.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531227's short term assets (₹601.8M) exceed its short term liabilities (₹450.7M).
Long Term Liabilities: 531227's short term assets (₹601.8M) exceed its long term liabilities (₹39.8M).
Debt to Equity History and Analysis
Debt Level: 531227's net debt to equity ratio (75.1%) is considered high.
Reducing Debt: 531227's debt to equity ratio has reduced from 83.8% to 79.6% over the past 5 years.
Debt Coverage: 531227's debt is well covered by operating cash flow (25%).
Interest Coverage: 531227's interest payments on its debt are not well covered by EBIT (2.4x coverage).