Monte Carlo Fashions Balance Sheet Health
Financial Health criteria checks 3/6
Monte Carlo Fashions has a total shareholder equity of ₹7.5B and total debt of ₹4.6B, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are ₹17.8B and ₹10.3B respectively. Monte Carlo Fashions's EBIT is ₹833.3M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹1.5B.
Key information
62.0%
Debt to equity ratio
₹4.64b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹1.49b |
| Equity | ₹7.48b |
| Total liabilities | ₹10.29b |
| Total assets | ₹17.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538836's short term assets (₹12.0B) exceed its short term liabilities (₹8.1B).
Long Term Liabilities: 538836's short term assets (₹12.0B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: 538836's net debt to equity ratio (42%) is considered high.
Reducing Debt: 538836's debt to equity ratio has increased from 36.7% to 62% over the past 5 years.
Debt Coverage: 538836's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: 538836's interest payments on its debt are well covered by EBIT (3.1x coverage).