Monte Carlo Fashions Balance Sheet Health
Financial Health criteria checks 3/6
Monte Carlo Fashions has a total shareholder equity of ₹7.4B and total debt of ₹5.1B, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are ₹15.9B and ₹8.5B respectively. Monte Carlo Fashions's EBIT is ₹1.3B making its interest coverage ratio 6.2. It has cash and short-term investments of ₹1.5B.
Key information
69.1%
Debt to equity ratio
₹5.09b
Debt
Interest coverage ratio | 6.2x |
Cash | ₹1.48b |
Equity | ₹7.37b |
Total liabilities | ₹8.54b |
Total assets | ₹15.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538836's short term assets (₹11.1B) exceed its short term liabilities (₹6.6B).
Long Term Liabilities: 538836's short term assets (₹11.1B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 538836's net debt to equity ratio (49%) is considered high.
Reducing Debt: 538836's debt to equity ratio has increased from 28.5% to 69.1% over the past 5 years.
Debt Coverage: 538836's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: 538836's interest payments on its debt are well covered by EBIT (6.2x coverage).