Mohit Industries Balance Sheet Health
Financial Health criteria checks 4/6
Mohit Industries has a total shareholder equity of ₹3.1B and total debt of ₹606.4M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₹3.8B and ₹641.2M respectively.
Key information
19.3%
Debt to equity ratio
₹606.44m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.38m |
| Equity | ₹3.14b |
| Total liabilities | ₹641.23m |
| Total assets | ₹3.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531453's short term assets (₹591.2M) exceed its short term liabilities (₹566.5M).
Long Term Liabilities: 531453's short term assets (₹591.2M) exceed its long term liabilities (₹74.8M).
Debt to Equity History and Analysis
Debt Level: 531453's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 531453's debt to equity ratio has reduced from 166.1% to 19.3% over the past 5 years.
Debt Coverage: 531453's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531453's interest payments on its debt are well covered by EBIT.