Mish Designs Balance Sheet Health
Financial Health criteria checks 5/6
Mish Designs has a total shareholder equity of ₹114.4M and total debt of ₹18.5M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are ₹142.2M and ₹27.8M respectively. Mish Designs's EBIT is ₹14.8M making its interest coverage ratio 4.4. It has cash and short-term investments of ₹8.2M.
Key information
16.1%
Debt to equity ratio
₹18.48m
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₹8.15m |
| Equity | ₹114.45m |
| Total liabilities | ₹27.78m |
| Total assets | ₹142.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544015's short term assets (₹139.4M) exceed its short term liabilities (₹23.0M).
Long Term Liabilities: 544015's short term assets (₹139.4M) exceed its long term liabilities (₹4.8M).
Debt to Equity History and Analysis
Debt Level: 544015's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: 544015 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 544015's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544015's interest payments on its debt are well covered by EBIT (4.4x coverage).